If you are one of the hundreds of thousands of people needing to relocate in the wake of the recent hurricanes or other life changes, you might want to consider buying a home in Phoenix. With its beautiful skyline, various employment opportunities and abundant sunshine, Phoenix may be perfect for someone looking for that new place to call home.

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How do you find the right home in the right location?

Population 1,321,045	Median Age 30.7 yrs	Household Size: 2.79
Avg Home Value: $112,600	July High: 103.5°F	January Low: 41.3°F

 

Buying a Home in Phoenix

Access to Services

When looking to buy a home, Phoenix has much to offer. As a large metropolitan area, Phoenix has all the amenities you would expect from a larger city. There are over 20 different medical centers, including Phoenix Children’s Hospital, a Mayo Clinic and a behavioral facility. There are 20 higher education facilities, including universities, community colleges, business and technical schools. With Phoenix’s many private schools, including college preparatory schools, it is the perfect place to bring that budding Einstein. In addition, with over 1.6 million books at the Phoenix Public Library, you are sure to catch up on some reading yourself.

Weather

If you love sunshine, you will love Phoenix. Homebuyers will find that Phoenix is one of the nation’s driest cities. Nearly 80 percent of the days in Phoenix are precipitation free and half of almost every month is completely clear of clouds. With the lowest temperatures recording near the 40-degree mark, Phoenix gets no snow at all. With the low humidity and the abundant sunshine, Phoenix might be the best place for sun-loving homebuyers to relocate.

Family Life

Homebuyers in Phoenix will find a wide array of activities for the whole family to enjoy. The Hall of Flame Firefighting museum, desert gardens, science centers, history and art museums, even the Penske Racing Museum are all in Phoenix. You will find numerous retail establishments, including shopping centers, malls and department stores. When buying a home in Phoenix, you will also find an abundance of places to worship as well.

Current Housing Market

Buyers will find that the market for homes for sale in Phoenix is rising. Seventy-five Percent of homes in Phoenix have three or more bedrooms and nearly 70 percent were built since 1970. The population of the city is growing at rate of about 4 percent and you will find the market in Phoenix for buying a home is strong. The resale home market is hitting record numbers for 2005. This translates into greater home values and, if the trend continues, a profit if you should choose to sell.

Employment Opportunities

When choosing where to establish your new residence, employment opportunities available will most likely determine where you will buy a home. Phoenix is home to over 1,700 manufacturing and almost 2,500 wholesale trade establishments. Fabricated metal manufacturing and printing make up about a third of the total manufacturing businesses, while major wholesale trade markets include industrial machinery, computer, software and other electronic equipment. Retail businesses in Phoenix number over 3,800, which also benefits people needing to find employment.

Phoenix is the headquarters to over 30 larger companies as well. For instance, PetSmart Inc., Pinnacle West Capital Corporation, Nationsbank of Delaware NA, P.F. Changs China Bistro Inc. and ILINC Communications Inc. all have corporate offices in Phoenix. With the many employment opportunities in Phoenix, buying a home here allows you to take advantage of the thriving job market.

The Next Step

Relocating is never easy. With so many things to consider while buying a home, in Phoenix or anywhere else, make sure to contact a real estate professional. A real estate agent can take care of the many of the details involved in purchasing a new home, giving you piece of mind in this time of uncertainty.

By Christine Emmick

A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®