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Robert Kroon's Blog

By Robert Kroon | Agent in 85022

PIMA ROAD – 101 FREEWAY CORRIDOR – IS IT THE “HOT” NEW PHOENIX REAL ESTATE INVESTMENT OPPORTUNITY ?

The Scottsdale and Phoenix Metro East freeway corridor along the eastern  edge of Scottsdale is quietly becoming an area of explosive real estate growth.   From the Chicago Cubs proposed new spring training facility  on the south,  north past resort casinos,  Arizona Diamond Backs /Colorado Rockies state-of-the-art spring training facility,   the Scottsdale Airpark, to the Phoenix PGA Tour Open Golf tournament, and on north past subdivisions of golf community homes, to the  high end resort areas around  Carefree…..this   30+  mile long corridor is ready to explode.

Major corporate employers such as Vanguard, the mutual fund giant, have located offices in the area.  Entertainment, hospitality, and service job opportunities abound at  resorts and casinos.  Events such as the Fiesta Bowl and  BCS National Championship football games, the Phoenix Open PGA tournament,  and Major League Spring Training Baseball draw larger numbers of Tourists and Winter Visitors each year.  Fifteen major league baseball teams call the Phoenix metro area “home”  for spring training.  The Cubs, Dodgers, Giants, Mariners, and  Diamond backs to name a few.   The fleet of Corporate Jets parked at the Scottsdale Airpark has just  gone “wheels up”  after the  Holiday Football games.  The next jet fleet will soon be going  “wheels down”  as they arrive for the PGA Open Golf.
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Winter Visitors and Tourists are drawn to potential job opportunities, vacation homes, resorts, and investment opportunities.   Falling home prices, driven by foreclosures and low interest rates continue to make real estate investments look more and more attractive as the economy begins to recover.  As an example, we  searched for townhomes and condos in Scottsdale, Arizona for sale at under  $ 100,000 and found over 200 units presently available.  Talk about great  property values !!!   For a free copy of this list please drop us an email, we will be glad to share it with you.

For more information please check out my Blogs at   RobertKroonRealtor.

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