Arizona is situated in the Southwestern United States. Arizona is best known for its desert landscape which includes cacti. Arizona is also known for its uncommon hot summers and moderate to freezing winters. Less known is the pine-covered high country in the north-central region of the state, which counterpoints with the lower deserts of the state.
Arizona has a few well known and well developed cities, which includes Phoenix and Tucson.
Phoenix: Real Estate market in Phoenix is flourishing considerably, especially when compared to the last few years. At the end of the fall, there are presently 38,805 single family residences (SFRs) available for sale on the MLS, with an extra 6,445 that are under contract, for a total of 45,250 SFRs. These numbers don't come into consideration 5,809 Condos and Town Houses that are available or the additional 1,322 of them that are under contract.
Current report dated December 10' 06 says there are numerous houses available for sale. Market is full of foreclosures too, investors can also try for their better luck.
Available Codes: 85015, 85016, 85003, 85020
Tuscon: It is settled Southeast to Arizona. Tucson is formed by the Santa Catalina and Santa Rita Mountain; It is a valley enclosed by mountain ranges. Tucson is a fast developing and a tourist hub. Its dry, sunny and highly hot climate attracts vacationers and health seekers. Tucson is in the middle of the Sonoran Desert and is almost surrounded by National Parks and protected areas, Wildlife and natural beauty is everywhere.
As on December, 06 - shows 9409 active listings on the market. Real Estate rates have dropped an average of 5.58% since last year, but have actually increased slightly since last month.
Available ZIP Codes: 85742, 85743, 85745, 85741, 85704, 85705, 85718, 85750, 85749, 85719, 85716, 85712, 85711, 85715, 85710, 85748, 85701, 85713, 85714, 85711, 85707, 85708, 85730, 85747, 85641, 85706, 85746, 85757, 85629