It’s been a decade since home values in Metro Phoenix crashed. Although it took some time to recover, the real estate market is better than ever. To help you decide whether you should take the plunge or otherwise, here are a couple of reasons why investing in Metro Phoenix real estate makes good sense.
- Home values are expected to increase by 4.3 percent this year.
Phoenix real estate did well in 2018. Home values rose by 8.4 percent, which represents a significant increase. And according to experts, the real estate market is showing no signs of slowing down. In 2019, home values are predicted to go up by 4.3 percent.
- The high quality of living continues to be an attractive draw.
Great schools, a plethora of amenities, and wealth of recreational opportunities continue to make Metro Phoenix one of the best places to live in the region. The outstanding quality of life residents enjoy help keep the housing market stable and thriving. Additionally, it also contributes to…
- Stable job creation and population growth.
More and more job opportunities are popping up all over Metro Phoenix, helping attract more people to relocate to Phoenix, Scottsdale, and other
neighboring areas. And since this reflects a positive growth in the economy, Metro Phoenix’s real estate market is also significantly affected. - Investment properties in Phoenix are relatively affordable.
If it’s your first time to dive into the world of property investment, Metro Phoenix is a great place to start. Home prices are still considered to be affordable compared to the national index. Moreover, investment options are diverse. The housing stock includes single-family homes, condos, multi-family properties, rentals, and more.
Explore property management and investments in Arizona…
… with an agent you can trust, like Scott Semer! Connect with him today at scott(at)scottsemerrealestate(dotted)com or 1.480.353.0299 to start your search for lucrative investment opportunities in the Metro Phoenix area.
