Thinking of buying Scottsdale real estate this year? According to a study done by Forbes, Phoenix is currently among the highest ranked metropolitan areas in the U.S. in terms of economic growth. Phoenix ranked No. 3 in Forbes’ list of the “Top 20 Fastest Growing Cities” in America, making it a top pick for 2014 investors.
Forbes compiled their list from 100 of America’s largest metro areas. Using six key metrics, they selected the Top 20 Fastest Growing Cities year-over-year. Factors used to rate each city included estimated population growth, job growth and gross metro product growth from 2013 to 2014. The rate of unemployment and median salary of college-educated workers in each local area were also considered.
Phoenix ranks third with an annual population growth of 1.67 percent, unemployment rate of 6.4 percent and a median salary of $64,000. Ahead of Phoenix are Austin, TX, which tops the list of the nation’s fastest growing cities, and Raleigh, NC at No 2. Texas has 3 other cities listed in the Top 20: Dallas (No. 4), Houston (No. 10) and San Antonio (No. 20).
Now is the perfect time to purchase a Scottsdale home. North Scottsdale is one of the most highly coveted communities in metro Phoenix, with stunning luxury homes, dramatic scenery and a high-end resort lifestyle. If you wish to schedule a tour of Scottsdale homes for sale, call us at (602) 791-0536 or email Carmen@TopScottsdaleHomes.com.
Realtor | Attorney
Trillium Properties, LLC
8755 E Bell Road, Suite 108 | Scottsdale AZ 85260
Cell (602) 791-0536
Direct (800) 300-0263