Hello everyone and I really want to thank you for the responses I received from my first Blog. I was really impressed and gathered some very useful suggestions. Today as I looked out upon the incredible resort community I live in, Sun City Grand, I can't help but think about folks around the country getting ready for winter. Even though I do not sell residential real estate, I thought I might comment about the retirement environment in sunny Arizona.
Typically, our commercial market is boosted each year by the return of the snowbirds. They start coming in mid October and leave around late May. Many have second homes here and some just rent. Rentals start at around $1700 per month and hit their peak in Jan, Feb and March where rates hit around $2500 per month. Besides the weather, what attracts people is the golf and other ammenities this place has to offer. Check out some on www.grandinfo.com/ddoc/toursuncitygrand0704.pdf and see for yourself. This place is equivalent to a resort with 4 great courses, 2 incredibly large fitness centers, bike and hiking trails, and jsut about anything else one would want.
With the downturn in the housing market, prices have come down to affordable. Just ask the Canadians that cleaned up this year. An example of a typical property (and one that I own) is shown here: http://www.flexmls.com/cgi-bin/mainmenu.cgi?cmd=url+other/run_public_link.html&public_link_tech_id=m6n5nu3jvrd&s=12&id=1&cid=1. The agent, Cindy Kingery, 623-910-3576 is one of the best.
Housing drives the commercial market. Surprise's population at around 107,000 swells to around 128,000 during snowbird season. Thus the Surprise economy stays robust even during a downturn in the market. This is great for either residential or commercial investors or folks just needing a break from winter.
If you have any referrals, please let me know. i am more than happy to pay a referral fee.