Phoenix metro cracks top 10 in elite ranking of U.S. cities

 

 

 

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. FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU. Call me if you want to sell your property and  need an estimated value.   Phone / Prefer cell: 520-975-5207
Office: 480-948-5554 or email me
walterunger@ccim.net.   –     What is a CCIM.  –

In Business and in Life you don’t get what you deserve, you get what you Negotiate.

LOOKING FOR SELLERS AND BUYERS Land – Industrial – Retail – Office- Multifamily

contact me if you want the me to get you the value of your property.

CLICK HERE TO VIEW ALL MY LISTINGS. 

By Corina Vanek  –  Reporter, Phoenix Business Journal  Feb 18, 2021,

Phoenix Business Journal    Start a Subscription

Phoenix is among the top cities best poised for economic recovery in 2021, according to Milken Institute’s Best-Performing Cities report.

Phoenix ranked seventh among large cities, up five places from its rank last year. Provo, Utah came in at No. 1 for large cities in the 2021 report, which ranks cities based on jobs, wages, growth in the technology sector, housing affordability and household internet access.

“The region’s generally low cost of living has attracted significant in-migration from western states in recent years, fueling consumption and housing construction,” the report stated. “As of September 2020, total housing permits in the Phoenix (metropolitan statistical area) were up 29.9% year over year, despite weak construction activity during the pandemic.”

Phoenix’s assets include strong population and employment growth, and a diversifying technology industry in the region.

However, the report also cautions that rising rents and housing costs need to be dealt with to keep Phoenix’s competitive advantage. Arizona’s cost of living is 3.6% below the national average and rents grew 7% year over year in 2019, according to the report, ranking Phoenix 98th for housing affordability among large cities.

“Proactive investment in affordable housing stock can help prevent Phoenix from becoming a victim of its own success,” the report states.

According to data from the Greater Phoenix Economic Council, the Phoenix area has recovered 85% of the jobs lost during the pandemic-related downturn. The region lost 214,400 jobs from February 2020 to April 2020 and has regained 181,800, according to data from December, the most recent data available. The region is expected to recoup all the lost jobs by the end of 2021, according to the University of Arizona’s Economic and

The unemployment rate in Phoenix fell from a high of 12.5% in April 2020 to 6.9% currently, but the labor force is still down about 30,000 people compared with February 2020.

The city of Phoenix itself has been able to avoid service and employee compensation cuts in the wake of the pandemic, city officials told the Business Journal. The revenue the city has collected from taxes on online sales have more than offset other losses in revenue for the city.

California loses steam

Municipalities throughout the San Francisco Bay Area — known lately for sending thousands of new residents to Arizona and Texas — took a beating in the Milken report.

San Francisco, which took the top spot in last year’s breakdown of U.S. cities, fell 23 places. San Jose, which was No. 5 last year, came in at 22. And Oakland dropped 48 spots, going from 17 to 65.

But the biggest declines in the country came from some of the Bay Area’s outlying cities. Salinas suffered the largest drop of any U.S. metro area, falling 90 places from 41 to 131. The Santa Cruz-Watsonville metro area went from 52 to 124, a 72-point drop.

The full Milken Institute report can be found here. The top 10 metro areas, in order, were:

  • Provo-Orem, Utah
  • Palm Bay, Florida
  • Austin
  • Salt Lake City
  • Raleigh
  • Boise, Idaho
  • Phoenix
  • Nashville
  • Ogden-Clearfield, Utah
  • Huntsville, Alabama

The Silicon Valley Business Journal and the Nashville Business Journal contributed to this report.

 

Phoenix Business Journal    Start a Subscription

SEE IT ALL: https://www.bizjournals.com/phoenix/news/2021/02/18/phoenix-poised-to-be-a-top-performing-city-in-2021.html

Phoenix Business Journal    Start a Subscription

FROM ME:  Now is the time, if you are thinking of selling or purchasing your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County, Pinal County, Arizona / Office  / Retail  / Industrial  / Multi-family /  please call me on my cell 520-975-5207 or e-mail me     walterunger@ccim.net. Investors and Owner / Users need to really know the market today before making a move. The market has a lot of moving parts. 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 your needs. I am marketing my listings on Costar, Loop-net,  CCIM,  CREXi, Catylist, and various other web sites.  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 international.  Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

In Business and in Life you don’t get what you deserve, you get what you Negotiate.

LOOKING FOR SELLERS AND BUYERS Land – Industrial – Retail – Office – Multifamily

contact me if you want the me to get you the value of your property.

CCIM DEAL MAKERS    FALL 2020   THE BIGGEST DEAL   WALTER UNGER, CCIM, WITH WEST USA COMMERCIAL DIVISION IN PHOENIX REPRESENTED GCG HOLDINGS LLC IN ITS $29.43 MILLION SALE OF GOLD CANYON GOLF RESORT AND SPA IN GOLD CANYON, ARIZ., TO GOLD CANYON MJ LLC.

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

CCIM DEAL MAKERS    FALL 2020   THE BIGGEST DEAL  / WALTER UNGER, CCIM, WITH WEST USA COMMERCIAL DIVISION IN PHOENIX REPRESENTED GCG HOLDINGS LLC IN ITS $29.43 MILLION SALE OF GOLD CANYON GOLF RESORT TO GOLD CANYON MJ LLC.

Click here to find out what is a   CCIM:

CLICK HERE TO VIEW ALL MY LISTINGS. 

PRESS RELEASE: Gold Canyon resort sells for $29.4M. Walter Unger CCIM from West USA Commercial Division Brokered the Transaction.

http://walter-unger.com/gold-canyon-resort-sells-for-29-4m/

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

 

What is a CCIM.

 

Walter Unger CCIM

Associate Broker

West USA Commercial Division

7077 E MARILYN RD.

Suite 200, Building 4.

Scottsdale AZ, 85254

Phone: 480-948-5554

Cell: 520-975-5207

walterunger@ccim.net

 

History of Arizona from  900 BC – 2017 -Timeline.

 

History of Arizona from  900 BC – 2017 -Timeline.

 

WHY PHOENIX? AMAZING!!!  POPULATION – IN 1950 THERE WERE 331,700 PEOPLE LIVING IN PHOENIX – “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THAT’S GOOD FOR THE ECONOMY, BUSINESS

 

History of Arizona from  900 BC – 2017 -Timeline.

 

WHY PHOENIX? AMAZING!!!  POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

 

CLICK HERE TO VIEW MY WEBSITE

  • DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:

Walter Unger CCIM –  walterunger@ccim.net   – 1-520-975-5207  –  http://walter-unger.com

Why Phoenix?  This is a very interesting article, you should read it, amazing, there were only 350 K people living in Phoenix in 1950

Timeline of Phoenix, Arizona history

Phoenix, Arizona

Facts of Arizona – year 1848 to 2013

CLICK HERE:  Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.

 

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.

Walter Unger CCIM

Associate Broker

West USA Commercial Division

7077 E MARILYN RD.

Suite 200, Building 4.

Scottsdale AZ, 85254

Phone: 480-948-5554

Cell: 520-975-5207

walterunger@ccim.net

What is a CCIM.

 

FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU PLEASE CALL ME

CLICK HERE TO VIEW ALL MY LISTINGS. 

https://www.crexi.com/properties?searchBrokerId=17513

 

 

Also Call me if you need an estimated value of your Property.

Call me if you want to see a map with what is in the Construction Pipeline for Apartments.

Prefer cell: 520-975-5207,   or email me walterunger@ccim.net.       CLICK HERE TO VIEW ALL MY LISTINGS.    

 

Check out my professional profile and connect with me on LinkedIn.

Follow me on LinkedIn

Follow me on Facebook

Follow me on Twitter

  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 walterunger@ccim.net or call me on my cell 520-975-5207

www.Walter-Unger.com

 

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me.

Join My Mailing List

What is a CCIM?

Reasons to Consider me for Commercial Referrals

Delivering the New Standard of Excellence in Commercial Real Estate 

  •  
  • Commercial Real Estate Scottsdale
  • Commercial Real Estate Phoenix
  • Commercial Real Estate Arizona
  • Commercial Investment Properties Phoenix
  • Commercial Investment Properties Scottsdale
  • Commercial Investment Properties Arizona
  • Land Specialist Arizona
  • Arizona Land Specialist
  • Land Specialist Phoenix
  • Phoenix Land Specialist
  • Land For Sale Phoenix
  • Land for sale Arizona
  • Commercial Properties For Sale Phoenix
  • Commercial Real Estate Sales Phoenix
  • Commercial Properties Phoenix
  • Commercial Properties Arizona
  • Commercial Land Specialist Phoenix
  • Commercial Land Phoenix
  • Multifamily land Phoenix
  • Retail Land Phoenix
  • Industrial Land Phoenix
  • Land Commercial Phoenix
  • Land Retail Phoenix
  • Land Industrial Phoenix
  • Land Multifamily Phoenix
  • Industrial Land for sale Phoenix
  • Land Industrial
  • P
  • Investment Real Estate

 

Disclaimer of Liability

The information in this blog-newsletter is for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.