Phoenix Housing Prices Rise Thanks to Jobs and Retirees

There are two primary factors steadily pushing up the price of Phoenix housing: bustling employment and an “influx of retirees, second-home buyers and urban refugees.”

No place “can thrive for long without a growing job market and steady in-migration.” Luckily, Phoenix has one of the fastest growing job markets in the country. Employment gains have helped increase demand for Phoenix housing and have revived the city´s once mostly ignored real estate market.

Arizona has always been a popular destination with retirees, but now those looking for escape from larger, more congested cities are hunting for Phoenix housing. The city´s mild winters and ample recreational opportunities are making Phoenix an exciting and sought after place to live.