Metro PHX Is Top Area To Buy For LA, Seattle and Denver Homebuyers!

By
Real Estate Agent with Keller Williams Realty EV (AZ) & Keller Williams SLC (UT) 629265000 & 7238507
https://activerain.com/droplet/5dpN

Metro Phoenix Is Top Area To Buy For LA, Seattle and Denver Homebuyers!

Earlier this year, we've noted that certain changes to tax laws might affect more of those homebuyers in expensive housing markets, especially along the coasts. This might prompt the said homebuyers to look into moving to lower tax states like Arizona.


Just three months into the year and a study by national real estate firm Redfin reported Phoenix- for the first time- topping its list of areas predicted to attract the most number of prospective home shoppers to relocate from other cities. Almost 34 percent of potential Valley homebuyers are from outside the area, notably Los Angeles, Seattle and Denver. This is an almost 50 percent increase when compared to the previous year.

Despite rising home prices, Metropolitan Phoenix continues to be more attractive for out-of-state homebuyers living in pricier markets. Home prices and sales have gone down for Los Angeles but a typical LA house was at $550,000 during the first three months of the year. On the other hand, Seattle and Denver were at $485,000 and $442,000 respectively to compare against metro Phoenix's median price of $261,000 during the first quarter.

Arizona's population topped the 7 million population mark in the past year for the first time. With an expected influx of new resident coming from out of state, it looks like Arizona's population will continue to grow.

 

 

 
Source:
azcentral.com

 

Is Your Home Worth More Than You Think?
 
 
 
Call or Text
SHANNA DAY, 480-415-7616
for any questions or more information!

 

Click here to view all of the Shanna Day Team Featured Listings


FUTURE QUESTIONS

If you have any topics or questions you would like answered, contact The Shanna Day Dream Home Team - we’ll find the answers for you!

Shanna Day Dream Home Team

Keller Williams Realty East Valley

480-415-7616

info@shannaday.com

ShannaDayTeam.com

View ShannaDay Dream Team Profile

 

 

 

Metro Phoenix Is Top Area To Buy For LA, Seattle and Denver Homebuyers!

Posted by

Shanna Day Dream Home Team

https://plus.google.com/112829348058511259992

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Arizona Maricopa County
Groups:
Out Of The Box!
POSITIVE ATTITUDE for the Weary Soul
ActiveRain Rockstars
HAPPY AT ACTIVERAIN
Addicted to Active Rain
Tags:
metro phoenix
buy a home in arizona
denver homebuyers
seattle homebuyers
why move to arizona
la homebuyers
out of state homebuyers
los angeles homebuyers

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
776,416
Joyce Marsh, Daytona Beach Florida
Premier Sotheby’s International Realty - Daytona Beach, FL
Presenting The Finest in Florida Coastal Living...
Your market reports are helpful for those looking to buy or sell and always filled with lots of valuable info. Thanks for the update. 
Jul 21, 2018 05:25 AM #1
Ambassador
1,465,745
Jim Crawford
RE/MAX Paramount Properties - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for taking the time to prepare and share this.  Very professional!  This is most informative and exactly the type of information buyers and sellers need to make informed decisions.

Jul 22, 2018 08:30 AM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
646,665

Shanna Day Team Leader AZ & UT - Call 480-415-7616

Top 1% Of 155,000+ KW Agents Worldwide!
Ask Me a Question...
*
*
*
*
Spam prevention

Additional Information