Long term holding in Tucson

[Jalen De Leon]

Hello everyone! I was wondering if Tucson,AZ would be a good place to buy property and hold on to it. Would it be a good investment 10-20 years from now and will there be any appreciation within that time zone in the area? 

[Emily And Eric Erickson]

Tucson has a 30 year trend of 4% annual appreciation. That has significantly outperformed the last 2 years but no reason to believe that WORSE case is that it returns back to those levels. With continued migration out of California, amazing weather, strong economy based on a huge retirement community, aerospace, a public university that includes huge medical training and a large biotech startup community, all signs point to another 30 year positive appreciation cycle.