Small Business Finance

A Good Buying Opportunity

If you are looking to move to a new state, Arizona real estate is definitely worth a look. Following is a primer of the state and the FSBO Arizona real estate market.

Phoenix. Phoenix is by far the largest city in Arizona and it is growing fast. The sixth largest city in the United States, Phoenix is the official and economic capital of Arizona. The city is growing at such a high rate that it has engulfed the accompanying towns of Scottsdale and Tempe.

If you want to attend sporting events, Phoenix has a nice selection. The city has professional baseball, basketball and football teams. Phoenix even has a professional ice hockey team, the Phoenix Coyotes.

If you are looking for warm weather, Phoenix is the place. During the summer, average temperatures are usually above the 100 degree mark without much humidity to speak of. Evenings can get cool during the winter, but day time temperatures remain in the 70′s.

Flagstaff. Unlike Phoenix, Flagstaff is a town that reeks of the more historic Wild West. Sitting on the famous Route 66, Flagstaff is a college town because of Arizona State University. If you like the feel of a college town, skip Phoenix and consider Flagstaff for your real estate needs.

Arizona Real Estate. Arizona real estate is very reasonably priced compared to other states. The average home price in Phoenix is in the low $300,000s. Arizona has, however, become a hot real estate market with home values appreciating over 25% in the last 12 months. If you prefer hot, sunny days, Arizona real estate may be a very good investment.

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