subject: Is Arizona Real Estate Worth The Investment? [print this page] It is certainly worth your while, to consider Arizona real estate, if you have decided that it's time to relocate to a different state. We have put together a summary of what Arizona has to offer, as well as an overview of the FSBO real estate market in the state.
Arizona's biggest city is Phoenix, and it continues to experience growth at a rapid rate. Phoenix is also Arizona's capital, and this sixth biggest city in the country is Arizona's economic capital as well. In fact, Phoenix's phenomenal growth, has actually overwhelmed Tempe and Scottsdale, it's neighboring towns. Some individuals claim that there is a lack of individuality and core foundation, as Phoenix seems to be ever-changing.
If you are a sports lover then Phoenix is a great place for you. Within Phoenix, you will find many sports teams, including football, baseball and basketball. There is even the Phoenix Coyotes, a professional ice hockey team. It may seem odd that a city in the desert has an NHL team, but that is something to expect in America.
If you want to get out of the cold, Phoenix is the state for you. In the summer months, the temperatures hover north of 100 degrees and the air is typically very dry and not humid at all. In the winter months, the nights can be on the colder side, but during the day, the temps will still be in the mid 70s.
Flagstaff is another great city, but it is different than Phoenix with a Wild West, historic atmosphere. Flagstaff in located on famous Route 66 and is considered a college town because the Arizona State University is located here. Arizona State University or ASU, as it is called by locals, dominates Flagstaff with its student body of over 30,000.
The real estate in Arizona, compared with other states, is priced to be affordable. Phoenix average home prices usually fall around $300,000. Arizona has seem home values appreciating over 25% over the past year, which has made it a top real estate market.
People either really like Arizona or hate it based on how they view the heat. If you are interested in staying warm all year round, you would be wise to purchase a house in Arizona.
