Best Places For Investing in Real Estate in Arizona
If you’re interested in real estate investment in Arizona, there are many opportunities to take advantage of. Arizona is quickly developing its credentials as a new tech hub, especially in major cities throughout the state. Upwardly mobile professionals, including new graduates and established business leaders, are looking at Arizona neighborhoods with fresh eyes. Let’s review some of the top real estate opportunities throughout the Grand Canyon State.
True to its name, Phoenix is rising again as it attracts a generation of startups and tech firms to its borders. With a convenient central location that makes it a quick flight to vacation destinations like San Diego and Las Vegas, Phoenix has long been known for breathtaking views and clean, orderly neighborhoods. Many of these are currently enjoying major renovation projects to update amenities, diversify housing options, and attract more talent into the workforce.
Some of the most attractive neighborhoods for investment here include Sunnyslope, which benefits from amazing scenery despite its residential bargain prices, and Garfield, the bohemian neighborhood that is quickly attracting Millennials. Mixed-use and student housing will expand over the next several years, and real estate investors can snatch up vacant properties.
Real estate in Phoenix is only the start – wait until you get a feel for real estate in Scottsdale! Although Scottsdale is just to the east of central Phoenix, it has a character all its own. It has long been known for its western flavor, world-class hotels, and a vibrant nightlife.
Now, it’s becoming just as well-known for investment.
Scottsdale’s suburban neighborhoods boast high-value homes and premium public schools, making it ideal for families. No one in Scottsdale is far from historic Old Town, and the city is also home to some of the best country clubs and golfing in Arizona. You’ll find leading celebs in upscale Paradise Valley and a more classic western feel in Cave Creek.
Real estate in Tucson, AZ shouldn’t be overlooked. A bit south of Phoenix, it is hemmed in by the Coronado National Forest to the south, Tonto National Forest to the north, and Gila National Forest to the east. With a friendly and helpful culture and a good split between renters and homeowners, its mild climate attracts people from all over the nation.
Sam Hughes is a central Tucson neighborhood full of charming turn-of-the-century architecture and within the orbit of both downtown and the University of Arizona. In the east lies El Encanto, the famous “Beverly Hills of Tucson” with home prices to match.