We have seen rapid growth in real estate over the last year, and it’s no wonder! There are thousands moving to the Valley. Here’s what Phoenix Business Journal had to say,
“American City Business Journals, the parent company of the Phoenix Business Journal, used the new federal data to calculate weekly growth rates. Phoenix landed at No. 8 on the list. The Valley’s population rose from an April 2010 total of 4.19 million to a July 2016 estimate of 4.66 million, translating into a net increase of 1,436.2 persons a week.
Topping the list was the Houston metropolitan area, which saw a net increase of 2,612.3 persons per week.
The Dallas-Fort Worth area was second with a weekly net gain of 2,474.6 persons. Rounding out the top five were the New York City, Atlanta and Miami-Fort Lauderdale metros, all with population increases larger than 1,500 persons per week.
The other metros above the weekly threshold of 1,000 were Washington, Los Angeles, Phoenix, Seattle, San Francisco-Oakland and Austin.”
You can read the complete article on Phoenix Business Journal’s website. This means that your property could be in high demand to sell for all of these new comers! Have you been thinking about putting your house on the market? It could be a great time to talk about it! Give us a call!