cottsdale is hot, hot, and with appreciation crawling along
hot. Well, at least the at a little over four percent.
temperature is. The real Despite these numbers, real
estate market in Scottsdale has estate market appears primed for
been very cool for some time a rebound.
notwithstanding national trends.
As with any part of the country,
The Real Estate Market in a prime indicator for real estate
Scottsdale, Arizona is the local economy. In
Scottsdale, the economy is
Scottsdale is located just to the picking up steam. Job growth is
north and east of Phoenix. With at a strong four percent with
the growth explosion in both much stronger growth projected
areas, it is becoming more through the foreseeable future.
difficult to tell them apart. Practically speaking, this means
Nonetheless, Scottsdale has a salaries and worker demand should
population of just less than a increase. These people are going
quarter of a million people and need places to live and will have
his home to the famous Phoenician money in the bank. This surely
Resort. With massive growth over represents a solid real estate
the last 15 years, the city has a market project for Scottsdale.
definite new feel to it.
With its close proximity to
The average selling price of a Phoenix, practical amenities are
home for sale in Scottsdale is plentiful in Scottsdale. With the
just over $210,000. This figure exception of snow skiing, you can
is about $30,000 over the find practically anything you
national sales price for similar need within 20 minutes. From an
homes. Unfortunately, the market education standpoint, schools in
has been suffering a down period Scottsdale are of high quality
and consistently rank above Average temperatures in the
national averages. Health care summer are a robust 103 degrees
costs are also on par with on average, but winter days can
national averages, while violent cool down into the forties.
crime rates are about half of the
national average. While the weather is mostly
blazing hot in Scottsdale, the
As you might imagine, it gets dry real estate market seems to have
and hot in Scottsdale. Recently, missed out on the recent real
the area went four months without estate craze. Perhaps it is just
any rain in the middle of winter. a little late in getting to the
Historically, it has received party.
about nine inches per year.
About the Author:
Raynor James is with http://www.fsboamerica.org - FSBO homes for sale by owner. Visit us at http://www.fsboamerica.org/Homes-for-Sale.cfm to find homes for sale or http://www.fsboamerica.org/Sell-Your-Own-Home.cfm to sell your own home.
