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Archives for May 2019

Phoenix leads US in population growth, new Census data shows

Phoenix is the fastest-growing city in the country, according to newly released estimates from the U.S. Census Bureau. Phoenix welcomed 25,288 new residents between 2017 and 2018 — more than any other American city. Phoenix remains the fifth most-populous city with a population of 1,660,272, according to Census data. San Antonio, Texas (20,824 new residents); Fort Worth, Texas (19,552); Seattle (15,254); and Charlotte, North Carolina (13,151) rounded out the top five fastest-growing cities by raw population … [Read more...]

Millennials in Phoenix opt for living at parents’ instead of buying homes

When it comes to buying houses, millennials in Phoenix are opting to stay with mom and dad. That's according to a report from Zillow, which found that roughly 21.4% of millennials in Phoenix were living with their parents as of 2014, the latest numbers available, according to KTAR.com. That number is markedly higher than the 9.2% of people between the ages of 25-37 who were living with their parents in the Valley as of 2005, Sarah Mikhitarian of Zillow told KTAR. While unemployment has dropped for the age … [Read more...]

Phoenix area real estate: South Phoenix pegged as next ‘hot area’

For years, home buyers have kept moving further and further out, but that's changing. In fact, the next hot area, believe it or not, is supposed to be south Phoenix. Maricopa County is the home of a Phoenix metropolitan area that continues to keep on growing.  ”For the fourth year in a row now, Maricopa County has been the fastest growing county in the U.S.," said Thomas Maynard who is the Vice President of Business Development of the Greater Phoenix Economic Council (GPEC).It's quite a statistic. And as … [Read more...]

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