Phoenix was one of the first markets to recover from the real estate recession of 2007 – except for the prices. But what is one man’s trash is another’s riches…As the absorption and demand have greatly increased in the Phoenix area, supply can’t seem to keep up; of course there are several reasons for this but one that is conspicuous is the slow recovery in prices. But is this so bad? Maybe these prices are responsible for Phoenix being back on the map for the fastest growing areas? Maybe the 10,000 Jobs Intel is bringing to Chandler is due in part to the affordability index of Chandler. (By the way if you wish to view Chandler homes for sale or work with the best Chandler Realtor, read my resume on this site and then give me a call)
The Real Estate Market in Chandler, Tempe Gilbert, and Phoenix Acquiesces To Societal Trends
Maracay homes is going green! TRI Pointe Group’s (NYSE: TPH) Maracay Homes is building new, green sustainability-focused single-family homes in the East Valley. Maracay hopes for the homes in Chandler and Gilbert to use 30 to 60 percent less energy via LED lighting, energy efficient systems, Energy Star appliances and high-tech thermostats.
Other Developers are going with a concept called Net-Zero Energy homes whereby the homes and subdivision is loaded with solar panels, low cost lighting, top notch insulation and all of the building techniques with the hopes of using almost no power from the utility companies. Yes only in Arizona is the technology possible with the number of sunny days to power the energy cells and batteries.
Arizona again several years ago was one of the first markets to pioneer NextGen homes. These are homes with in-laws quarters that are so accommodating you can have your in-laws living in one wing of the home with their own dining facilities, and never even know they are there. Off set your mortgage payment with their retirement check and this concept begins to make sense, and encourages the nuclear family to once again be the backbone of our society.
Real estate in Arizona is becoming a trend-setter as it caters to the NextGen family, the environmentalist, and even elegant rentals for the Millennials. Arizona is back in the news and if you are looking for a Realtor who stays in touch with all of these trends, one who has been a Chandler Realtor since 2003, read about my professional background and give me a call to see how I may be able to meet your lifestyle needs!