Real Estate Agent Arizona
Find your qualified Arizona real estate agent here. Whether
you are trying to purchase a new house in Phoenix or trying to
sell an existing home in Scottsdale, we can help. We have
agents that specialize in commercial Arizona property as well.
Many investors have a great interest in the Phoenix, AZ real
estate market.
Arizona Real Estate In Phoenix
With over 48,000 new home permits planned for 2004, Phoenix will
become the largest housing market in the US. In fact, the
population will double in the next 20 years. The highway system (ADOT)
will complete over 233 additional miles of freeway by 2007 and the
Phoenix airport is the fastest growing airport in the US.
"The growth of the Arizona population will be the largest single
contributor to this strong forecast performance."
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Interesting Phoenix facts:
- Population: 3,396,875 and Rising
- Median Age: 32.9 and Going Down
- Labor Force: 1,712,300 and Rising
- Unemployement: 4.9% and Going Down
- AZ Inflation Rate: 1.3% and Going Down
- Median Income: $45,776 and Rising
- Single-Family Permits: 46,000 and Rising
Phoenix, AZ Housing Market Outlook
The Phoenix housing market will be the beneficiary of
favorable mortgage interest rates. There will continue to be plentiful
supply of mortgage money. The supply of land for development will remain
plentiful. Overall, the next several years appear to be headed toward the best
of the best times for the home building industry in the Arizona region.
Specific Phoenix Real Estate Growth Areas:
- Laveen-Buckeye South of I-10
- Loop 303 West of 99th Ave
- Bell Road / Sun Valley Pkwy North
- Sun Valley Pkwy South
- I-17 Happy Valley to Anthem
- Maricopa To Casa Grande
- Hunt Highway To Florence
- Florence, Coolidge, Eloy To Casa Grande
Phoenix Arizona Real Estate Highlights
The infrastructure in Phoenix is modern and extensive.
The water supply is sufficient to meet the growth
needs for over a hundred years. Due to the open land, Phoenix
has the largest amount of affordable real estate west of the Rockies.
Phoenix is also 2nd in job growth for the 9th consecutive year. Phoenix
will become the #1 home building market in the United States.
Arizona Economy Boosting Job Growth
Arizona ranks 3rd among all states in the rate of new health care
jobs. It also ranks #1 fastest growing in transportation, utilities,
government, business services, construction, trade, and hospitality.
For more information about Arizona Real Estate please visit the following:
Arizona Department Of Real Estate
Open Directory Arizona Real Estate
Arizona State Land Department
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