Hello everybody, welcome back to Suburban Snacks! This month’s snack is Peanut Brittle! Before we review the snack, we’ll be informing you on where the best place to buy rental property in Arizona is. According to homebay.com, Arizona attracted almost 109,000 new residents in 2021 with the state’s universities, tourist attractions, and natural beauty. Growth in popular industries, a 4.1% unemployment rate, and 401,100 new jobs since 2015 make the state an even more lucrative opportunity for real estate investors. The city of Tucson ranked second best based on factors like affordability, rental rates, and investment potential. Home values in Tucson sit right around $310,000 which has increased almost 25% in the past couple of years. With the increase in home values, we’ve also seen an increase in rental prices. The median rental price in Tucson is $1,334 per month. Rental prices in Tucson is something that’s been neglected. And over the past couple of years, that gap in pricing has started to catch up to other cities. When you look at the biggest city in Arizona which is Phoenix, their median rental price is $300 more expensive than Tucson. One of the most encouraging metrics is the diverse job market in Tucson. Major employers include Raytheon Missile Systems, Davis Monthan Air Force Base, University of Arizona, Banner Medical Center, US Border Patrol, and the mining industry. So, if you are someone looking to invest in the strong Real Estate market in Southern Arizona, then we at Suburban would love to help! Do you like Peanut Brittle? Let us know in the comments below. That’s going to do it for us here at Suburban Snacks. If you have any questions or would like to get into contact with us feel free to check out our website at suburbanrealestategroup.com. Also, click the link below to follow us on Instagram. Thanks for watching, my name is Chad Olof and we will see you in the next one! https://www.instagram.com/suburbanrea…
Suburban Real Estate Group2023-01-30T08:58:24-07:00December 2, 2022|Suburban Snacks|
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About the Author
Suburban Real Estate Group
Our team of experienced agents have facilitated the transfer of nearly $80 Million worth of Real Estate and currently manage over $30 Million worth of rental properties. By using the latest technology available in the industry, combined with their family values, buyers, sellers, and property owners can rest assured that their best interest is Suburban’s number one priority.
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