New Housing In Arizona
Arizona was the second fastest growing state in the Union during the 1990's.
With its natural beauty and year round good weather Arizona has become a haven
for retired active adults. They are drawn by the dry, warm weather which
relieves the symptoms of arthritis, the beautiful vistas, the many golf courses
and of course the promise of camaraderie with other active adults.
Phoenix, Home of Record New Homes Sales
Phoenix Arizona is a
rapidly growing city in both its population and its economy. Since 1990 the
population of Greater Phoenix has grown by 59% compared to the US rate of 17%.
This growth has created a surge in need for new housing. Phoenix is a seller's
market and at times the demand for new housing exceeds the supply offered.
Phoenix is a large city and has many options for new housing. On average new
housing in Phoenix ranges from $160,000 for a modest 2 bedroom house all the
way to $5,000,000 for a luxury home. With new subdivisions being built within
easy commuting distance of Phoenix, city planners expect the population of
Metro Phoenix to grow by 2,000,000 by 2020.
New Homes in Tucson
Tucson Arizona, is a growing
community surrounded by the Sonoran desert and four sets of mountains, the
Santa Catalina's, the Santa Rita's, the Rincon's and the Tucson's. It is the
second largest city in the state after Phoenix and last year experienced an
overall jump in housing prices of 14.3 percent. One difference between Tucson
and Phoenix is that 20 percent of new housing in Phoenix is being purchased by
investors as opposed to 5 percent of new housing in Tucson.
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