Arizona Homes for Sale

By: Paul Escobedo

Buying a new home in Arizona has never been so attractive, which is what makes Arizona the nation's fastest growing state. According to the U.S. Census Bureau, Pinal County experienced the nation's highest growth rate of housing units from July 1, 2005 to July 1, 2006. Pinal County increased their housing units by 16.6% to more than 18,000. During the same time period, Maricopa County helped to lead the nation by producing 43,000 housing units.

Right now is the perfect time to buy in Arizona for a number of reasons. Most importantly, Arizona remains one of the hottest markets in the nation. Buying a home in Arizona ensures your property will retain its value over the next several years. In addition, many families and investors will receive a return on their investment over the next few years.

Second, it's a buyer's market! With the abundance of homes for sale in Arizona, home buyers can determine exactly what they want in their home and precisely what location they want to live in. New homes are taking longer to sell, from the start of construction to the sale of the home, over the past several months-meaning that many Arizona home builders are offering appealing incentives to help deplete their inventories. Resale Homes have also seen an increase in the average length of time they sit on the market before selling-both real estate agents and home owners aggressively market their homes with incentives to entice you to buy.

Finally, with the federal government reducing the prime interest rate 0.5%, from 8.25% to 7.75%, creditworthy customers can lock-in lower rates; which reduces borrowers' monthly payments. Many lenders offer a variety of attractive loan programs, including: fixed-rate mortgages, adjustable rate mortgages and stated income loans.

Arizona has all of the amenities for you to live the American dream. Not to mention one of the strongest real estate markets in the United States. With Arizona remaining a hot market through the recent turmoil, sellers forced to adhere to the buyers' market and seductively low interest rates; I strongly recommend that all home buyers consider buying a home in Arizona. I did!

America Properties
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 

» More on America Properties
 



Share this article :
Click to see more related articles