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Price Corridor Archives - Luxury Condos - Blog

Luxury Condos - Blog

Posts Tagged ‘Price Corridor’

Hot Phoenix Real Estate Market to Keep Blazing in 2017

Realtor.com predicts another banner year for Phoenix real estate markets.  The website’s economic team released its annual market forecast last week and while the report predicted a slight slowdown for the U.S. real estate market as a whole, they expect Phoenix to continue strong growth through 2017.

“According to our forecasts, the western U.S. will continue to lead the nation in prices and sales,” the article reports.  “The top 10 markets all benefit from strong growth dynamics: population, jobs, and households,” says Jonathan Smoke, realtor.com’s chief economist.  

The team forecasts average price gains of 5.8% and sales growth of 6.3%, compared to anticipated national growth of just 3.9% and 1.9% respectively.  Limited availability of homes for sale is being eased somewhat by growth in new construction, however, there isn’t enough new construction to keep pace with growth, according to Smoke.   (more…)

Chandler Sees Large Growth in Price Corridor

Anyone looking for signs that South Chandler is growing again need look no further than the intersection of Arizona Avenue and Ocotillo Road. Previously known as the easiest route to the local high school, this thriving area known as “Price Corridor” is now the center of one of the hottest real-estate hubs in the Valley.

The Cays at Downtown Ocotillo condo community is nestled right in the heart of this growing business district. Located in Chandler, Arizona in desirable Downtown Ocotillo, this beautiful Master Planned Community is the place to be. With dozens of major employers located nearby, and more developing every day, The Cays puts you right in the center of a seemingly unprecedented economy boom.

Major companies like Wells Fargo, Continuum, H2, and State Farm are adding thousands of new, well-paying jobs at an extraordinary rate, making this southwest corner of Chandler a resident’s dream. Names like Intel, Orbital Sciences, and Bank of America are also among the companies running major operations along Price Corridor.

Price Corridor’s high-tech companies alone employ over 37,000 people, while the new 410,000 square foot Wells Fargo expansion located less than 2 miles away will provide space for approximately 2,500 employees. These numbers are expected to grow even more over the next 10 to 15 years.

Our Chandler, Arizona luxury condominiums give you immediate access to everything this growing area has to offer, including easy and convenient access to Price Corridor’s hundreds of businesses, fine dining, and great neighborhood schools. Explore our unique floor plans and world class amenities to see why our NEW multi-level condominium building is unmatched. Say hello to your new home.