Phoenix Keeps Growing in 2018
Moving to Phoenix: People keep moving to the Phoenix Metro area because it offers something for pretty much everyone.
Phoenix’s relatively low home prices compared to similar sized U.S. cities is a major attraction for new residents and real estate investors. The West Valley attracts some of the nation’s top tech companies including Uber, Lyft, Shutterfly, and GoDaddy, attracting employment seekers who need a place to live.
Folks looking to rent or buy find Phoenix’s affordable housing market appealing. The area’s home values have increased by 10 percent over the past year, with the median price at $248,900—significantly lower than the national median new home price of $318,700.