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Updated over 6 years ago on . Most recent reply

Account Closed
  • Specialist
  • Paradise Valley, AZ
2,935
Votes |
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Here are the TOP places to buy . . .

Account Closed
  • Specialist
  • Paradise Valley, AZ
Posted

Here are the TOP places to buy . . . , Well, some of the Best anyway. 

The cost of entry is low, the taxes are low, job growth is high and rentals are making a ton of money.

That's why I stopped buying in California and focused on Arizona. Taxes in CA are way out of line and taxes in AZ are just fine. Still, I'm not sure why people from California pick OH, IN, IL & WI to invest in. I can tell you as a fact, people from those states, and from Seattle buy their investment properties in AZ. For good reason. We have more world class resorts than anywhere else, great weather and we're friendly. ;-)

"There are three Arizona cities in this top 10, and up first is Mesa. This area has the 10th-lowest effective property tax rate in our study. That keeps the long-term costs of homeownership low in Mesa, Glendale and Phoenix."

"Anyone who invested in the Mesa, Glendale and Phoenix real estate markets in the past few years will have likely already made a profit. The median home here was worth $129,400 in 2012 and $209,000 in 2016. That means the average homeowner would have made a profit of over 61% if they had bought the average home in 2012."

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Wes Blackwell
  • Real Estate Agent
  • Phoenix, AZ
1,099
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Wes Blackwell
  • Real Estate Agent
  • Phoenix, AZ
Replied

@Account Closed

Maricopa County the last two years:

That's a nice upward trend for the Phoenix metro area. Here's Mesa's data alone:

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