Phoenix Real Estate -
Rates are expected to hover in the low 6% range, requiring buyers to qualify based on current costs rather than anticipating significant drops.
South Phoenix ($375k median) and Avondale ($380k median) due to infrastructure improvements. Investor Hotspots PHOENIX REAL ESTATE
Inquire if a home is block or frame/wood construction . Block homes, common in the 60s-80s, offer better insulation against desert heat, while 2x6 frame construction is preferred over 2x4 for energy efficiency. Rates are expected to hover in the low
Glendale ($400k median) and Mesa ($420k median). common in the 60s-80s
Areas near rail and transit corridors with higher density, mixed-use, and "zero asphalt" projects are becoming more attractive.