Randy Curnutt, Your Arizona Real Estate Expert Looking for your First Home, Move Up, Vacation or Retirement Home? I Can Help!
Randy Curnutt

Arizona Real Estate Investment Opportunities


Arizona - Sieze the Day!

  • Population…1.4 million people in Phoenix
  • Phoenix is 5th largest city in the USA
  • Residential resale’s are at a 5 year low
  • 70% of Arizona land is owned by the government or the Indian Tribes
  • 13% is state land for commercial development
  • 17% remains for the Private development sector
  • Foreclosures hit all time high in 3rd quarter 2007 (creating more homes & a buyers market)
  • 34000 New home permits were granted in Phoenix metro as of September 2007
  • 32,000 new homes were sold in phoenix metro as of September 2007
  • 67,000 Resale homes were sold as of September 2007
  • Phoenix is Number one in the USA in Job growth
  • Average home price per square foot is $109 as of September 2007
  • Arizona is among the top five in landlord friendly states
  • Arizona is consistently rated among the top states in the nation in terms of population growth and economic climate.  According to the Arizona Department of Commerce, Arizona currently enjoys a vibrant economy fueled by low interest rates, increased buyer power of baby boomers, low unemployment, high job growth and a strong demand for new housing.
  • 4th highest appreciation rates for real estate in U.S.
  • Over the next decade, it is predicted that 40% of the total growth for the Phoenix AZ area - about 128,000 new homes! - will be built in areas west of Phoenix.
  • Arizona's tourism numbers continue to grow
  • Phoenix is the nation's number one city for entrepreneurism.
  • Named the best run city in the country by Governing Magazine, Phoenix AZ is also one of the fastest growing cities in the country over the last decade.
  • With a diversified economy, an educated workforce, and one of the lowest unemployment rates in the nation, Phoenix is a magnet for corporations and workers alike.
  • Arizona's economic future is still bright.

Attention Canadians:

Don’t miss this chance to get your piece of the US. The Canadian dollar has just gone par with the US dollar. Prices are down, the market is controlled by the buyer and the time has never been better to invest in Real Estate.  My Community is an ideal location for your next Vacation home purchase!

Arizona's Maricopa Leads Counties in Population
Growth Since Census 2000

317.5+ People a Day Move to the Phoenix Valley

     Maricopa County, Ariz., gained 696,000 residents between 2000 and 2006, the largest numerical increase of the nation’s 3,141 counties, according to estimates released today by the U.S. Census Bureau.

     This increase surpasses the total population of all but 15 U.S. cities. Maricopa County, which includes Phoenix, has 3.8 million residents, making it the nation’s fourth largest county.

     “The dramatic increase in Maricopa County’s population is the main reason Arizona became the nation’s fastest-growing state between 2005 and 2006,” said Census Bureau Director Louis Kincannon, referring to the state population estimates released last December. “Maricopa’s growth has been remarkable, adding nearly 3 million residents since the 1970 census.”

 With all the bad news from the economic sector of our economy, you may have missed some of this; Forbes magazine ranks Arizona 3rd in its "Best US Cities for Jobs" list, Business 2.0 magazine rates Arizona a top destination city for relocations and one of America's hottest job markets.   And, CNN ranked the Phoenix/Tucson area as one of the top 10 "megapolitans" in the U.S.  

 Local real estate gurus in their 2008 forecasts give us high marks in comparison with the rest of the country predicting a population growth of +2.7%, employment at +2%, personal income +5.5% and retail sales at +1.5%.   This is when the knowledgeable players get in the game, to take advantage of interest rates at historic lows and the abundance of housing choices.  Even the rise in foreclosures gives real estate a boost whether you are a buyer occupant or an investor.  When you consider the fact that according to the National Association of REALTORS®, the value of homes nearly doubles every ten years, this would be the perfect time to get off the bench and start playing.

State in the southwestern United States. It is bordered by Utah, New Mexico, Mexico, and, across the Colorado R., Nevada and California.

About Phoenix

Upon arriving in Greater Phoenix, visitors quickly discover a few of the hallmarks that make this region a premier destination - near-perfect weather, ease of transportation and genuine hospitality.

The average high in Greater Phoenix is 85 degrees and with more than 325 days of sunshine per year, smiles are wide and spirits are high. From the moment you touch down at Sky Harbor International Airport, the outdoors beckon the adventurer in you.

Located just three miles from downtown Phoenix and less than a half an hour from most popular resorts and attractions, Sky Harbor also provides efficient service that will help make your travels seamless. Greater Phoenix is a growing metropolis that maintains a laid-back personality, where friendly people are in the majority, and where superior service is to be expected.

Phoenix, which covers 514 square miles, is the fifth-largest city in the country with a population of more than 1.42 million people (Source: City of Phoenix).

For more information on weather, Sky Harbor and other popular visitor topics, check out the information in the About Phoenix menu bar to the left.

State Area, 113,909 sq mi (295,024 sq km).
State Pop. (2000) 5,130,632, a 40% increase since the 1990 census.
Capital and largest city, Phoenix.
Nickname, Grand Canyon State, Copper State.
Motto, Ditat Deus [God Enriches].
State bird, cactus wren.
State flower, blossom of the saguaro cactus.
State tree, paloverde.

The state's principal crops are cotton, lettuce, cauliflowers, broccoli, and sorghum. Cattle, calves, and dairy goods are, however, the most valuable Arizona farm products. Manufacturing is the leading economic activity, with electronics, printing and publishing, processed foods, and aerospace and transportation leading sectors. High-technology research and development, communications, and service industries are also important, as are construction (the state is rapidly growing) and tourism. Military facilities contributing to Arizona's economy include Fort Huachuca, Luke and Davis-Monthan air force bases, and the Yuma Proving Grounds. Testing and training with military aircraft and desert storage of commercial and military planes are both major undertakings. 

Arizona abounds in minerals. Copper is the state's most valuable mineral; Arizona leads the nation in production. Other leading resources are molybdenum, sand, gravel, and cement.

Between 1940 and 1960, Arizona's population increased more than 100%, and since then growth has continued. By the 2000 census the cumulative increase since 1940 amounted to more than 1000%, and Arizona was ranked among the fastest growing states in the nation. The mountainous north, however, has not shared the population growth of the southern sections of the state. Over 80% of the people are Caucasian and nearly 20% are Hispanic.

 

 

*Information from Columbia Encyclopedia, Sixth Edition


Contact Me


Randy Curnutt
 
Randy Curnutt
Email Randy
 
Home: 480-677-2922
Cell: 602-677-1002
Fax: 480-907-1916
State: Arizona
Country: United States

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