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Scottsdale is hot, hot, and hot. Well, at the very least the heat is. The real estate market in Scottsdale has been very cool for quite a while notwithstanding national trends.

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The Actual Estate Market in Chandler, Arizona

Chandler is located just to the east and north of Phoenix. With the growth surge in both places, it's becoming more difficult to tell them apart. Nonetheless, Scottsdale features a population of only less than a of a people and his home to the famous Phoenician Resort. With significant growth during the last 15 years, the city has a particular new sense to it.

The average price tag of a property for sale in Scottsdale is simply over $210,000. This figure is about $30,000 over the national sales price for similar domiciles. Unfortunately, industry has been suffering a time with understanding running along at just a little over four per cent. Despite these numbers, real estate market appears primed for a recovery.

Just like any the main state, a perfect indicator for real-estate is the local economy. In Scottsdale, the economy is picking right on up water. Job growth is at a strong four % with much more resilient growth estimated through the near future. Practically speaking, what this means is wages and employee demand must increase. These people are going need places to call home and may have money in the lender. This certainly represents a solid housing market challenge for Scottsdale.

With its close proximity to Phoenix, practical facilities are numerous in Scottsdale. With the exception of snow skiing, you can find virtually anything you need within 20 minutes. From an education perspective, universities in Scottsdale are of top quality and consistently rank above national averages. Health care costs are also on par with national averages, while violent crime rates are about half of the national average.

As you may imagine, it warm and gets dry in Scottsdale. Recently, the location went four months with no rain in the middle of winter. Traditionally, it's received about nine inches annually. Average temperatures in summer time really are a sturdy 103 levels on average, but winter days can cool down into the forties.

The real estate industry seemingly have missed on the new real estate craze, while the temperature is certainly caused by blazing hot in Scottsdale. Perhaps it's a little late in addressing the party.