Tag Archives: Population growth

Millennials Moving Away From Suburbs Towards Urban Living

There is evidence that the suburban sprawl has become costly in recent years, with cookie cutter suburbs waning in popularity among urban-minded millennials, who are marrying later and having smaller families.  This may mean a complete cultural shift for Phoenix with a shake-up in the home-building industry, which has taken developers further and further into […]

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Phoenix Home Sales Median Price Continues to Increase

http://www.azcentral.com/business/articles/20130503phoenix-home-sales-median-price.html Metro Phoenix median home sales price rose to $175,000 in March, a 3% increase from February marking a 30% increase over the last year.  Prices are expected to continue to increase, at least until June which is our traditional peak buying season in the Valley.  However, prices still haven’t increased enough for many homeowners […]

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Valley Projected Population Growth Helps Housing Market

Population growth is a main driver behind metro Phoenix’s housing market. An optimistic estimate on the number of people who could move to this state in the next decade or two to be close to what the Valley enjoyed before the 2006-2008 “bust” in our housing market & overall economic downfall. A panel discussion on […]

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