The market sure does appear gloomy around here if you listen to all the media. Well, the fact of the matter is that our market has shifted a bit, but let’s not forget that we’re still a desirable city with lots of growth (even if it is 115◦).

The long term situation is that our future looks bright. For instance, listen to what Owen Thomas of Business 2.0 Magazine online editor, and Rob Kelley, CNNMoney.com staff writer said on May 3rd about the 10 hot cities for job growth: The Sun Belt will lead job growth from now through 2015 as megacities like Dallas, Los Angeles, and Phoenix expand.

“From Las Vegas to Orlando, sunny suburbs are the best bets to find fast-growing job markets between now and 2015. As new subdivisions spring to life, the infrastructure that’s required to support new residents – like mortgage lending and healthcare — is sure to provide steady employment. Best of all, this kind of work has to be delivered locally. These are jobs that won’t go offshore.”

The piece finishes with, “Phoenix meanwhile is growing in areas as disparate as aerospace, financial services and online education. That city is in the midst of such a boom that experts project it will be the scene of the greatest regional expansion in our lifetime.” Read More…

And don’t forget this little tidbit, as Americans purchase vacation homes at a record pace, Golf Digest ranked “America’s Greatest Golf-Home Towns” in its Real Estate Special Report in the June issue. Thirteen Scottsdale courses make Golf Digest’s Best in State list, more than any other community, making Scottsdale Arizona #1 in the West Region. Read More….

So, don’t fret, our real estate market will continue to remain strong here in the Valley of the Sun for years to come. Just remember that a primary reason for purchasing real estate is for you to live in a home that becomes an asset in your own pocket instead of throwing rent money away to someone else each month.

For a free report on housing sales and median prices in your neighborhood, contact Kelli Grant of Keller Williams High Desert Realty. Leave a message at 480-889-7442 or email kgrant@kw.com.

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