Arizona Real Estate, US Real Estate

In the month of July 2009, over 10,444 homes were sold in the Phoenix metropolitan area. Arizona’s unemployment is in double digits, yet homes are selling like hotcakes. That seems to be a dichotomy in national economics. Regardless of the contradictory evidence of global, national, or international economic factors, the Phoenix market is hot.

Choosing a community for your new home depends on your family situation, your life style, and what things you find important in a neighborhood. For those looking for a community that caters to family and family life, you may want to look at the Mesa and Gilbert community. Mesa and Gilbert are a quick drive south east of Phoenix directly off the interstate 60 highway. These communities are more sedate with little to do after nine o’clock in the evening. They tend to focus on family and family activities.

If you like living in a college community with a rich intellectual and cultural experience, Tempe may be your destination. The Arizona State University is located here. The theatre, college sports, and distinguished speakers are options for a night out here.

If you are young thirty something, you have several options to choose from for your new residence. Chandler, Ahwatukee, and Scottsdale are all established communities with amenities for the young professional. Upscale restaurants, bars, and unique shopping experiences are all available in those communities. They also have the top schools in the state.

If you don’t mind a long drive, there are several bedroom communities with new housing still being built. The communities of Avondale, Queen Creek, Surprise and Maricopa are all in driving distance of downtown Phoenix. All of those communities have blown-up exponentially in the last few years. The housing dollar is strong in these communities also. The homes there are larger and more economical because of the drive. They tend to price out a few thousand lower than the homes closer to Phoenix.

The data collected continues to improve in every area. Housing permits for new builds are showing strength. The resale market is up 59% over July 2008. Those selling homes are now getting multiple offers for their properties. So, with things looking up, where should a buyer plan to purchase in the Phoenix area? No matter what your taste in community living, you will find something in the Phoenix Valley. With real estate getting back on track the choice is yours!