“You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur “ . ARE YOU READY TO SELL OR PURCHASE YOUR LAND OR COMMERCIAL BUILDING IN PHOENIX, SCOTTSDALE, MARICOPA COUNTY AND PINAL COUNTY, ARIZONA, CLICK HERE AND PLEASE CALL ME. 520-975-5207 or email me firstname.lastname@example.org. …. VIEW ALL OF WALTERS LISTINGS. Let me know if you are interested in Apartments: CLICK HERE FOR APARTMENTS FOR SALE
Rebekah L. Sanders, The Republic | azcentral.com Published 11:01 a.m. MT March 23, 2017
IT IS AMAZING, IN 1950 THERE WERE 331,771 PEOPLE LIVING IN MARICOPA COUNTY AND BY NOW (2018) WE HAVE 5 MILLION PEOPLE LIVING HERE.
Though the figures are a good sign, one expert says Maricopa County’s recovery after the 2008 housing crash has been slower than normal.
The Census Bureau says Arizona’s Maricopa County has replaced Texas’ Harris County as the county with the nation’s highest annual population growth.
Maricopa County includes Phoenix and most of its suburbs, and its estimated population now tops 5 million.
Maricopa County gained more than 81,000 people between July 1, 2015, and July 1, 2016, an average daily increase of 222 people. Harris County had an increase of nearly 57,000, or about 155 per day on average.
Population change over time
Although the figures are a positive sign, one expert says Maricopa County continues to recover slower than normal from the 2008 housing crash.
“It certainly is good news. But we still are not seeing the type of growth that we’ve experienced in prior decades,” said Rick Merritt, president of the economic consulting firm Elliott D. Pollack and Company in Scottsdale. “Every other recession we’ve been in, there’s been significant growth immediately after. That’s why it’s known as the Great Recession. It was so deep and difficult.”
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Maricopa County historically has added residents at a rate above 3 percent per year, Merritt said. The Census Bureau numbers show a county growth rate of 1.95 percent. Still, that’s higher than the top 10 largest counties in the country, according to the Census.
Maricopa County gained most of its new residents by having more people relocate from elsewhere in the U.S. than leaving for other locations. Other contributors were natural growth — having more births than deaths — and international migration.
“People come here because of the weather. It has a good job base. It’s an affordable place to live. There’s a lot of high-tech industry here that helps to bring highly educated people here. There’s lots of reasons people want to move to Maricopa County,” Merritt said. “There’s a shift from the Rust Belt in the North to the South and the Southwest,” feeding states like Arizona, Nevada and Florida.
County supervisor: Steady growth is better
It’s good that the county isn’t booming as it did before, said Denny Barney, a real-estate investor and chairman of the Maricopa County Board of Supervisors. The stable increase has allowed the economy to diversify beyond construction and tourism, both volatile drivers of growth.
Barney believes attracting companies in high-paying sectors like technology, bioscience, health care and aerospace is key.
“The focus is to create the right type of skilled work force and to allow the growth to be more sustainable over time,” Barney said.
County government has encouraged companies to expand and relocate by cutting regulations, he added. “It’s been a long road to recovery for the county, but things are good.”
Arizona’s official demographer differs with the Census numbers.
Jim Chang, who works on population data in the state’s Office of Economic Opportunity, estimates Maricopa County has about 106,000 fewer residents than the Census calculated. That’s because he relies on different types of data, such as school enrollment and drivers licenses, he said.
But the overall trend remains the same.
“Either way, we are both showing pretty large growth compared to other places,” Chang said,
The Associated Press contributed to this article.
ARE YOU READY TO SELL OR PURCHASE YOUR LAND OR COMMERCIAL BUILDING IN PHOENIX, SCOTTSDALE, MARICOPA COUNTY AND PINAL COUNTY, ARIZONA, CLICK HERE AND PLEASE CALL ME. 520-975-5207 or email me email@example.com. …. VIEW ALL OF WALTERS LISTINGS.
Phoenix Commercial Real Estate and Investment Real Estate: Investors and Owner / Users need to really know the market today before making a move in owner user Commercial Properties, Investment Properties and land in Phoenix / Maricopa County, Pinal County / Arizona, as the market has a lot of moving parts today. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands Commercial Properties and Investment Properties. I am marketing my listings on Costar, Loop-net CCIM, Kasten Long Commercial Group. I also sold hundreds millions of dollars’ worth of Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also internationalClick here to find out what is a CCIM: https://en.wikipedia.org/wiki/CCIM
PLEASE CALL ME 520-975-5207 OR E-MAIL ME firstname.lastname@example.org
ARE YOU READY TO SELL OR PURCHASE YOUR LAND OR COMMERCIAL BUILDING IN PHOENIX, SCOTTSDALE, MARICOPA COUNTY AND PINAL COUNTY, ARIZONA, CLICK HERE AND PLEASE CALL ME. 520-975-5207 or email me email@example.com
- DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
- The average age of the population is 34 years old.
- The health cost index score in this area is 102.1. (100 = national average)
- Here are some of the distributions of commute times for the area: <15 min (22.7%), 15-29 min (36.8%), 30-44 min (25.1%), 45-59 min (8.6%), >60 min (6.8%).
Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.
Kasten Long Commercial Group tracks all advertised apartment communities, including those advertised by other brokerages. The interactive map shows the location of each community (10+ units) and each location is color coded by the size (number of total units).
Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. If you have any questions about Commercial / Investment Properties in Phoenix or Commercial / Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us.
Please reply by e-mail firstname.lastname@example.org or call me on my cell 520-975-5207
Walter Unger CCIM
Senior Associate Broker
Kasten Long Commercial Group
5110 N 40th Street, Suite 110
Phoenix , AZ 85018
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