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| Kathy & Rick
specialize in representing clients in the purchase
and sale of single-family residences and income
producing properties within the Metro Phoenix &
Valleywide Areas.
They keep up
to date on what's happening in these areas and are also
very knowledgeable about the local new home builders and
developments.
They will happily assist you every
step of the way and take you to the
next level by locating the property, organizing the
financing, and arranging you with secure & reputable
property management. |
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Full
service, full solutions to your financial goals! |
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| There is a
lot of talk about everyone moving into real estate, but
you have to evaluate each investment to make sure it's
the proper one. In addition to people looking for
alternatives to the stock market, low interest rates,
favorable tax laws and continued growth in Arizona also
are driving investment interest. Appreciating home
values in recent years have made investing in real
estate more lucrative. Investors are looking at
residential real estate to diversify their portfolios.
Why Arizona Income Properties Are Your
Best Path To Meet Your Financial Goals |
| Now consider
income property. Arizona real estate has performed well
in the past, but economic and demographic data show an
even more promising future. |
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- Arizona is consistently rated among the top states in
the nation in terms of population growth and economic climate.
According to the Arizona Department of Commerce, Arizona currently enjoys
a vibrant economy fueled by low interest rates, increased buyer power of
baby boomers, low unemployment, high job growth and a strong demand for
new housing.
- 4th highest appreciation rates for real estate in U.S.
- Over the next decade, it is predicted that 40% of the
total growth for the Phoenix AZ area - about 128,000 new homes! - will be
built in areas west of Phoenix.
- Named the best run city in the country by Governing
Magazine, Phoenix AZ is also one of the fastest growing cities in the
country over the last decade.
- With a diversified economy, an educated workforce, and
one of the lowest unemployment rates in the nation, Phoenix is a magnet
for corporations and workers.
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Click the image above for a zoomable street map of the Phoenix Metro Area
Click the image above for a zoomable street/ zip code map of the Phoenix Metro Area
Click the image above for
other maps
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- Tax deductions &
credits
- Appreciation –
increase in value
- Leverage – using
other people’s money
- A steady, growing
income source
- Amortization – loan
reduction & payoff
- Risk level – your
assets are secured
- Possible capital
gains exclusion through 1031 exchange
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Diversification-The real estate market doesn't always move in tandem
with the securities markets, so investing in real estate can provide
diversification. In fact, when the financial markets are turbulent, real
estate is often viewed as a "safe haven" for investors.
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Let Kathy & Rick Webb
create a customized program that will help meet your financial goals. For
information on how to prepare for your financial growth through real estate
investment. Contact Us! |
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 Phoenix Area
Real Estate Economic Data |
 Valley Home
Prices Continue to Climb |
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Metropolitan Phoenix Home Sales Trends
(1996-2003) Median Sales Price
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Single-family
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Townhouse/Condominium
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Year |
Resale
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New
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Total
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Resale
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New
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Total
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Grand Total
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| 1996 |
97,000 |
130,750 |
111,400 |
69,875 |
110,850 |
72,900 |
106,675 |
| 1997 |
105,000 |
136,130 |
116,230 |
72,500 |
116,500 |
76,000 |
111,220 |
| 1998 |
113,585 |
139,070 |
122,000 |
77,500 |
119,400 |
82,500 |
117,000 |
| 1999 |
120,000 |
146,710 |
129,900 |
81,900 |
136,070 |
86,000 |
124,900 |
| 2000 |
128,900 |
150,770 |
136,820 |
86,000 |
152,350 |
90,000 |
131,000 |
| 2001 |
136,000 |
156,560 |
142,680 |
90,500 |
163,710 |
95,000 |
137,500 |
| 2002 |
144,900 |
159,990 |
149,900 |
95,500 |
162,660 |
100,000 |
144,500 |
| 2003 |
155,000 |
173,240 |
160,000 |
103,275 |
184,700 |
109,000 |
155,000 |
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Source:
Arizona
Real Estate Center,
L. William Seidman Research Institute,
W.P. Carey School of Business,
Arizona State University.
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