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Maricopa County saw more people move to the area than any other county in the U.S. during the past five years.
The county saw 221,000 immigrants between 2012 and 2017, according to a new report from RentCafe. That volume was by far the highest in the country, the report shows. Nearly 150,000 people separated Maricopa County from the 10th-highest site of immigration, Wake County in North Carolina.
Among the appealing attributes for migrants looking for a new city to live in was Maricopa County’s relatively low cost of living, especially home prices. Out of the top 10 counties for net internal migration, Maricopa had the fourth-lowest average home price.
On the opposite end of the spectrum, Los Angeles County saw 381,000 people leave during the same five-year span. Santa Clara County in Northern California was in the top 10 for people leaving as well.
It’s overly simple to say people are leaving California and coming to Arizona, but people are attracted to Maricopa County, said Mark Stapp, director of the center for real estate theory and practice at Arizona State University.
“Key reasons people typically give for moving to Phoenix metro area are: climate; amenities; cost of living and employment opportunities,” Stapp said. “But Phoenix does have important advantages that in the long run should help resolve, or at least keep in check, affordability issues. These advantages include a regulatory environment that is less onerous … few constraints to future growth, relatively new transportation infrastructure, sufficient domestic water supply and available land that is easy to develop.”
Housing affordability remains Maricopa County’s biggest strength, the report said, especially when compared with many counties in California.If Phoenix can continue to post solid economic indicators and provide cheap residency, Maricopa County should stay among the nation’s top regions for inbound migration
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Buying or selling a home can be a monumental endeavor. The Lankes Group will provide the professional and courteous service you deserve during this complex transaction. Timely preparation of all documents, Award-winning customer service, Market trends, update's daily, Access to The Lankes Group proprietary marketing system. The Lankes Group Team’s wisdom, knowledge and expertise are bar none.
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If it's your first home or your 10th it’s our goal to make your transaction as smooth as possible by being proactive not sitting back waiting for something to happen. We are your eyes and ears leave it to the Real Estate experts at the Lankes Group to get the job done right.
Our experienced residential team of agents offer our clients a pleasant and enjoyable experience, whether the transaction involves a single-family home, condo, vacation property, Investment / Rental or New construction The Lankes Group Team are experts on market conditions we track them daily and negotiating. Negotiating is an art form and science, it takes years of trial and error and many never get it right. If you’re looking to buy The Lankes Group will use both science & art to negotiate the best possible price. if selling one of our listing experts will do the due diligence to get you top dollar using The Lankes Group Proprietary Marketing System and more. call today
480-363-8884 Bob@TheLankesGroup.com
Where you live is where you are...
More People Moving to Maricopa County than Anywhere in the U.S.