Tuesday, January 31, 2006

S.W. Valley is The Hottest Spot for Housing this Year...

S.W. Valley is the hottest spot for housing this year, from the Arizona Republic, reports that the S.W. Valley's housing growth is racing along and it will be one of the area's hot spots in the coming year. Double-digit increases in housing permits are expected in Avondale, Goodyear and Buckeye. Housing experts point to the area's available land as the reason for the growth. Buckeye issues a mere 77 building permits in 2000 for single family homes. Compare that with this year's anticipated 9,600. Local housing analyst RL Brown shows the S.W. Valley with 25 percent of the Valley's new home permits issued over the last 12 months, with the Northwest Valley getting 20 percent. Pinal County led the way with 26 percent of all home permits issued over the last 12 months. "It's going to be neck and neck between the northwest and the southwest. Those two are neck and neck with Pinal County. Those are the hot spots. There's no question about it", Brown said. However, concerns over transportation issues, rising construction and labor costs and rising gas prices have some in the housing industry worried that sales could soften.

http://www.azcentral.com/php-bin/clicktrack/print.php?referer=http://www.azcentral.com/arizonarepublic/local/articles/0131wvhomes0131.html

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