03/15/2021
"Arizona is becoming one of the top destinations for domestic relocations due to its strong economy and stable housing market. "
If you're wondering why homes are flying off the market like crazy, it's not only because of historically low-interest rates..... Companies and people are seeing the true value in Arizona.
According to the Cromford Report*, we will be seeing an estimated 11% job increase over the next two years due to relocating companies and expansions of specific industries such as tech, manufacturing, and cannabis.
I'm curious, how long have you been in Arizona? How has the rapid growth of Arizona's population impacted your home's value?
*The Cromford® Report provides detailed information to track the history and current status of the Greater Phoenix residential resale market and offers unique insight into its future direction.
Arizona's real estate market will see an 8.2% appreciation in house prices, making it one of the hottest real estate markets in the country.