Azrealestatesale.com
  • Advanced Search
  • INSTANT Home Value
  • Sell
  • Buy
  • Foreclosures
  • About
  • Testimonials
  • Financing
Login
623-308-0422

Sign in to your account

Need to reset your phone number?

Don't have an account with us?

Click here to sign up.

Real Estate Search

TO
Advanced Search

Address Search

Keys to Understanding the Arizona Real Estate Market

Get an understanding of the Arizona real estate market.If you’re seriously looking to buy Arizona property, you need to work on understanding the Arizona real estate market. The thing about the market is that it is really made up of lots of sub-markets. Many factors affect the market in a given neighborhood--schools, proximity to the highway, local jobs, and amenities all come together to create very individualized market conditions. The other thing to understand is that different price segments of the market will behave differently. While lower-priced homes are going fast, the top of the market is much slower, with supply outstripping demand. Why exactly these segments are moving so differently is not always understood in the moment. It may take some time to get perspective and see all the factors at work.

Arizona Property Continues to be a Good Investment

Another key for understanding the Arizona real estate market is to remember how far away from the 2008 crash we are. At this point, we are seeing more people who lost their homes or had to do short sales re-entering the market. The so-called millennial generation is also starting to consider homeownership. Many of these younger people came of age around the time of the crash and so were leary of buying a home. With interest rates staying pretty low, they are being convinced that buying a home really is a better bet than renting after all. Increasing rental rates are also influencing the decision to purchase a home.

Making predictions for the real estate market is notoriously difficult, but most experts believe that Arizona, and particularly the greater Phoenix area, will continue to see a strong housing market for the near future.

Like or Share
Loading likes...

Address Search

Popular Areas in Community

Looking for the perfect home in the perfect place? Chances are you'll want to check here first.

FIND YOUR NEW HOME

  • Avondale
  • Buckeye
  • Chandler
  • El Mirage
  • Gilbert
  • Glendale
  • Goodyear
  • Litchfield Park
  • Mesa
  • N. Phoenix
  • Peoria
  • Scottsdale
  • Sun City
  • Surprise
  • Tempe

Interactive Map Search

Interactive Map Search

Home Resources

  • First Time Home Buyers
  • First Time Home Sellers
  • Rent Vs. Buy
  • Understanding the Real Estate Market

Connect with Us on Facebook Connect with Us on Twitter Connect with Us on Google+ Connect with Us on LinkedIn Connect with Us on Instagram

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years
Calculate

Does not include any taxes or fees.
Please consult a financial professional.

  • Home
  • Advanced Search
  • INSTANT Home Value
  • Sell
  • Buy
  • Foreclosures
  • Testimonials
  • About Us
  • Contact Us
  • Financing
  • Closing Costs
  • Resources

 

Kenneth James Realty

Katy Horgan  Real Estate Advisor
Kenneth James Realty
m: 623-308-0422
w: katy.kennethjamesrealty.com
e: GetYourKeysFromKaty@gmail.com
a: 555 N College Ave, Suite 1033 Tempe, AZ 85281 

480-720-9764

© 2016 All Rights Reserved

 

 

 

 

 

Website Design by NeedSomeoneToBlog.com

  • Search By Address
  • Search By MLS
  • Search By Zip Code
IDX Real Estate Websites by
• Accessibility