Not so long ago, at least it seems that way, I moved out to Chandler, AZ and thought I was approaching the ends of the world. I remember not having a gas station on the corner and having to drive a few miles to the nearest grocery store. I remember complaining because my friends lived about 10 minutes away and I couldn’t imagine ever seeing them again. I remember dirt roads and thinking that every one of my neighbors was as crazy as my parents were.
I couldn’t have been more wrong. Needless to say, things have changed, and the home in my old Chandler neighborhood is about as close to everything as you can get. I live a little further out now and have slowly seen the same things I saw over 11 years ago. Gas stations are popping up on almost every corner, a Target Super Center is just down the street, restaurants are starting to open everywhere, there are tons of shopping centers and Wal-Mart moved in…3 times (I think they’ve adopted the old Circle-K strategy!). This is the first time I’ve seen the growth of Arizona first hand, but I’ve been privileged enough to talk with some long time Arizona residents that have seen it occur over and over again. Arizona new home communities will most likely never stop developing; our state’s beauty and great weather has made our growth inevitable.
If you bought a new Arizona home recently, I wouldn’t worry. The housing industry goes through cycles and your new home’s value will increase in time. If you’re thinking about purchasing a new home and are worried, think about the good ole’ days when buying a home wasn’t about how much money you could make in a couple of years, remember back to when it was about more space, a nice living environment, and your family’s needs. I can remember those days…it’s unfortunate that I just recently started to again.
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