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Local Real Estate Market
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About the Cave Creek, Peoria and Phoenix Real Estate MarketEver since the 1960s, the real estate market in the greater Phoenix area has been growing steadily, and no wonder. If year round sunshine wasn’t enough, Phoenix also has a thriving economy, great sporting and recreational pursuits, and world-class cultural life. People are drawn to Phoenix to work, and to retire. Phoenix has a range of neighborhoods and types of homes available to buyers; from low to high income neighborhoods, and historic to contemporary dwellings; condos, apartments, and single-family homes. Peoria is a more recent suburb and homes tend to be newer than those in metropolitan Phoenix; typically, properties are also more spread out. Pre-owned homes are typically ranch or Spanish in style. Continuing development ensures a new home to those who want it; the new manufactured home market is increasing markedly in Arizona. Cave Creek has a range of homes available, from historic remains of the town’s Western past to modern houses and condos; farms and ranches surround the urban center. New homes tend to be Spanish or modernist in style and often designed with sensitivity to the desert surroundings. Arizona’s property tax rates are determined by school district; for more information go to:
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