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Southern Arizona’s Surging Growth: Real Estate Opportunities & Challenges | Nitty Gritty Real Estate
2023-06-29
Welcome to the newest episode of the "Nitty Gritty of Real Estate" podcast! Today, hosts Heather Oliboni and Alicia Sanchez, two transplants from Phoenix and Florida respectively, dive into the reasons behind the massive migration to Southern Arizona. Explore the data and insights provided by nationwide moving companies about the inbound traffic to cities like Tucson and Phoenix. Discover why affordability and tax advantages are leading people and tech businesses to set roots in Southern Arizona.
We also discuss the challenges and opportunities this growth presents to the real estate market. With the state expecting an influx of 1 million people by 2029, and a significant gap in the supply-demand balance of housing, we investigate the various initiatives to increase the housing inventory. We explore the rise of 'Build for Rent' developers, the increasing home prices, and why the housing market in Southern Arizona isn't headed for a crash anytime soon.
This episode is a must-listen for real estate enthusiasts, investors, and anyone intrigued by the social and economic trends in Arizona. Tune in as we decode the nitty-gritty of the major growth in Southern Arizona!
Have questions about this podcast, topics, real estate or getting your real estate license? Reach out to us! podcast@thetjkteam.com
Be sure to check out our website for more resources ⬇️
https://TheTJKTeam.com/resources
Keller Williams Southern Arizona
7400 N Oracle Rd #331
Oro Valley, AZ 85704
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