I’m a Real Estate Agent: Here Are the 4 Arizona Cities Where You Should Avoid Buying a Home
Buyers may be surprised to see Tucson on this list. Real Estate Agent Colten Claus has highlighted four Arizona cities where you should avoid buying a home in these four. The list includes Tucson, which has a reputation for being unsafe and is ranked as the third-deadliest metro area in America for pedestrian deaths, gun violence and an increase in traffic fatalities in Tucson. The city of Douglas, Arizona, has a high property crime rate, which can affect homeowners' sense of security and resale value. Despite some positive economic gains, Tucson's labor market is in good shape and low unemployment statewide, but job growth is below the national average. The small town of Holbrook, where limited amenities, entertainment options and access to specific services may not meet expectations of some homebuyers, may not appeal to some. Despite reviews on Niche.com about living in Kingman, some reviewers agree that it's a good place for a quiet lifestyle and affordable housing.
Опубликовано : 10 месяцев назад от Heather Taylor в Finance
I’m a Real Estate Agent: Here Are the 4 Arizona Cities Where You Should Avoid Buying a Home
It’s not surprising to see many Americans make the decision to relocate or spend their retirement in Arizona. The Grand Canyon State offers a warm climate, plenty of activities to ensure an active lifestyle and robust economic development and growth across many cities, positioning it as a solid, affordable state for those interested in buying a home.
However, not all Arizona cities are ideal for a home purchase. GOBankingRates spoke to Colten Claus, associate broker at 8z Real Estate, about the top cities where buying a home may not be in your best interest. Would you also avoid home ownership in these four Arizona cities?
Over the last year, Tucson has experienced some positive economic gains, with The Arizona Daily Star reporting the Tucson labor market is in good shape and there is low unemployment statewide. (Though job growth, it should also be noted, is below the national average.)
Where Tucson struggles, however, is having a reputation for being an unsafe city.
According to KOLD News 13, Smart Growth America ranked Tucson as the third-deadliest metro area in America for pedestrian deaths. Additionally, The Arizona Daily Star reported in 2023 that gun violence was on the rise in Tucson along with an increase in traffic fatalities.
Buyers made aware of these issues may find it impacts their quality of life as well as the resale value of their properties should they decide to purchase a home in Tucson, Claus said.
A major issue plaguing the city of Douglas is its high property crime rate.
According to statistics from online neighborhood database NeighborhoodScout, there are 209 property crimes committed annually in Douglas. Claus said this high rate of property crimes can affect the sense of security for homeowners.
When parsing reviews on Niche.com about living in Kingman, it appears most reviewers are in agreement. Kingman is a good city to live in if you don’t mind trading your social life for a lower cost of living and a quiet lifestyle.
Depending on where you are in your life, this may be doable, and it may not be. Some retirees might be OK with choosing to buy a home in Kingman. Others that are younger and still need to work in-office might struggle much more.
“Kingman is relatively remote, situated along historic Route 66. While this can be appealing to some, it means longer travel times to major cities and limited access to amenities,” said Claus.
Buyers will either love or loathe the idea of living in the small town of Holbrook. Claus said that Holbrook’s limited amenities, entertainment options and access to specific services may not meet the expectations of some homebuyers.
On the other hand, Holbrook recently ranked in fifth place on TheTravel’s list of scenic small towns next to major Arizona national parks. The city’s proximity to the badlands and being under 20 miles from Petrified Forest National Park may appeal to homebuyers interested in living in a city they can fully immerse themselves in with explorations.
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Темы: Real Estate, Markets