Whether you’ve decided to start building a real-estate investment portfolio or you’re a first-time home buyer ready to take the leap into property ownership, it’s essential that you get to know the housing markets you have in mind before investing. If you’re house hunting in the metro Phoenix area, you’re in good shape.
Financial advisory firm WalletHub recently released the results of data evaluated comparing 300 U.S. cities of varying sizes across 27 key indicators of market appeal to find the best real estate markets in the U.S., and 7 metro Phoenix cities made the cut. Indicators include affordability and quality of life. The data collected considers a variety of factors ranging from cost-of-living to real-estate tax rates to property crime statistics that provide insight for both investors and prospective home buyers.
According to WalletHub’s evaluation, seven cities in the ever-growing metro Phoenix area are among the country’s top real estate markets:
7 metro Phoenix cities