Have you seen the news about the growth in Chandler Arizona lately. We have provided a recent report on the Economic Development and Growth for Chandler. What is Economic Growth? " Promotes the city as a preferred location for new and expanding businesses. The primary purpose is to enhance employment opportunities and improve Chandler's tax base by focusing on industrial, office, retail, revitalization and tourism development." Chandler's affluent community and strong population growth rank 2nd in Income Buying Power. The average estimated household income is $83,719 annually. Please take a look at the file below with the full report showing how much expected growth is about to take place in the beautiful city of Chandler Arizona.
Recently in the U.S. News, in the “Money” or “Personal Finance” Section there was a great article about real estate investing in 2015. The title of the article is “Flip or Hold: Best Real Estate Moves for 2015”. In the article it talks about the expected positive growth for residential sales in 2015. For the investor it talks about the comparison between buying homes to fix and sell quickly as a flip for profits vs buying homes and renting them out as a long term investment.
RealtyTrac’s Daren Blomquist believes that 2015 will be better for the “buy and hold” investor. According to realtytrac the volume of properties being flipped declined dramatically, down from their most recent peak of 8.8% of all single family home sales in the second quarter of 2012 to just 4% of all homes sales in the third quarter of 2014. Even though the number of homes sold has decreased , flippers have averaged a 30% return on their investments since 2012. Basically what this means is the deals are getting harder to find, but they are still out there.
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Local Area Experts Helping Chandler Home Buyers & Home Sellers