Here’s what to expect from East Valley real estate in 2022
The East Valley is undoubtedly one of the fastest growing regions in the nation. From thriving cultural opportunities to amazing recreation areas with an ideal climate, the East Valley has developed into the place where individuals want to work, live and play. And East Valley real estate has been one of the hottest markets in the state.
More than 1.4 million people reside in the East Valley, and the area is expected to grow to nearly 1.9 million residents by 2050. The population is young — the median age of an East Valley residents is 38 — and collectively, the region has access to more than 1 million workers. The East Valley is also a magnet for jobs, and economists predict that the region will add an estimated 400,000 new positions in the next 30 years.
With its continued growth and innovation, the real estate market continues to be a competitive market for prospective buyers in the area.