What Kind of Family Homes Can I Find in the Copper State?
What Kind of Family Homes Can I Find in the Copper State
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What kind of homes are available in the Copper State? If you are thinking of heading towards Phoenix, AZ then real estate is surely on your mind. There are numerous homes to rent or own in the area. You can find full size homes, single-family homes, 5-unit structures or even condos. Many investors come by Phoenix to look for townhomes and vacation homes. Other buyers are first-time homeowners who just caught a break.
That break could well have been the federal government's tax credit program, which just ended in April of 2010. Expectedly, the number of home sales dipped dramatically after the program ended. However, Phoenix, AZ real estate companies are now grabbing the ball and offering incentives of their own. Some of these companies are offering equity options, while others are offering price value stability, even in light of market fluctuations.
If you are looking for Phoenix, Arizona homes then start by considering your neighborhood of choice. There are nine large districts in Phoenix. These include the downtown region, the midtown area, Arcadia, Biltmore, Sunnyslope, Ahwatukee, North Phoenix, South Phoenix and West Phoenix. There are also 15 individual villages within the city.
Understand that Phoenix has been on a steady growth streak within the last 10 years. Though it surely faced some insurmountable odds (September 11, 2001, and then the 2008 real estate bubble burst) it has continues to grow. For a time, it was just behind Las Vegas in terms of metropolitan growth. The peak price of a home for "sell" in Phoenix, AZ was $262,000. When the financial crisis happened, the median price decreased to $150,000.
However, what's bad for the industry has actually been good for the buyers. Now more than ever, buyers are being given opportunities to rent or own houses, even in some of Phoenix's more affluent areas. Meanwhile the living conditions have improved vastly. Crime rates in Phoenix have decreased within the last few years. Even such neighborhoods like South Mountain and Alhambra, which were formerly associated with ghetto living, have been renovated and rebuilt into respectable parts of town. The downtown area and central area have also experienced phenomenal growth.
If you are considering moving to Arizona, the Copper State, then start by looking up real estate agents in the area. A real estate agent can help you find a sale and homes in Phoenix, AZ. Now is the time to find your Arizona dream house!
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