Chandler Rocks!

December 16, 2008 at 2:50 pm 1 comment

If you are looking for a place to invest your hard-earned money, look no further than Chandler, Arizona. Chandler was recently reported as the one place in the state of Arizona that has continually increased home sales this year. KPHO-5 reported on Sunday that Chandler home sales have increased seven months in a row, including 28% in August, 67% in September, 12% in October and 8% in November. Despite the housing crisis and the bad economy, many home buyers picked Chandler as the place to be. Here are some reasons why:

1. Location – Chandler is situated close to the heart of Phoenix and is still affordable compared to neighboring cities like Scottsdale and Tempe. Based on MLS data, the median sold price per square foot for a 3 Bedroom home between 1,500 – 2,000 in square feet in the last three months in Chandler is 125, compared to Scottdale at $200 sold price/sq ft and Tempe at $180 sold price/sq ft.

2. Strong Economy – Chandler has a solid economic base with large high-tech employers such as Microchip and Intel. Wells Fargo’s Ocotillo corporate campus, Countrywide’s mortgage operations and data center, Verizon’s regional headquarters and Toyota Financial Services are among the companies that have a strong financial presence in Chandler. Armorworks, Avnet, Orbital Sciences, Freescale Semiconductor and soon-to-open Covance laboratories also play a vital role in the city’s economy

3. Excelling School Districts – The Kyrene School District is a popular choice among families that live on the Northwest side of Chandler. Many schools in the Kyrene District have been ranked as excelling or highly-performing by Arizona’s Department of Education. The Chandler Unified School District has a sound educational program as well. Twenty one schools from the Chandler Unified School District (CUSD) was named as excelling schools for the school year 2006-2007. Both Kyrene school district and the CUSD have structured programs for the gifted and advance students. Recently, Chandler residents convincingly voted to extend the override budget needed by CUSD to continue its educational program. This approval shows the overwhelming support of the community towards education.

4. Friendly and Diverse Community – The City of Chandler was once again selected as one of the “100 Best Communities for Young People” by America’s Promise Alliance, a distinction the City enjoys for the third time since 2005. Chandler is also a hub for people with diverse ethnic backgrounds. The presence of Lee Lee supermarket located at the NE corner of Dobson and Warner is a popular place to shop for oriental food and other groceries. Within a two-mile radius of Lee Lee are thriving Asian businesses. South Chandler is home to three active adult communities: Sun Lakes, Springfield Lakes Solera, Springfield and Sunbird. Residents are at least 55 years old. Whatever your lifestyle is, Chandler has something available to you. Shopping, recreation, employment and education are at the forefront of Chandler’s services.

5. Future of Chandler – The city’s future is bright and vibrant. The City of Chandler recently approved a plan to build a mix townhomes and lofts with shops, restaurants and office space. The South Shore project is similar to Kierland Commons in Scottsdale and will be located on a 43-acre lot at Arizona Ave. and Chandler Heights Blvd. It will feature a 1.6-acre lake, firepits, fountains, a clubhouse and boutique hotel. The project hopes to break ground in 2010.

Other mix-used projects in the city’s plans are The Metropolitan,located West of Chandler Fashion Mall; San Marcos Commons in Downtown Chandler, which has begun selling townhomes; and Downtown Ocotillo, South of Queen Creek Blvd. between Price and Dobson roads. The concept behind mixed-use projects is for people to have a place to live, work, shop and play. Despite the economic crunch, Chandler is positioned to construct these projects with positive reception from residents. The average household income in Chandler is $74,172, compared with an average of $64,537 for Phoenix households.

For home buyers looking to grow their investment at the soonest time possible, Chandler offers a sound vision, quality of life and a great location at a still affordable price. For more news on Chandler, visit my blog at http://www.MariaRealEstate.com. For an online video of the newscast on Chandler home sales, go to http://www.kpho.com/video/18280030/index.html.

Entry filed under: Arizona Real Estate, Chandler Real Estate. Tags: , , , , , , , , , , , , , .

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1 Comment Add your own

  • 1. Chandler Rocks! | Fashion by Sarah  |  April 11, 2009 at 11:54 pm

    […] rest is here:  Chandler Rocks! Fashion | @ 3:50 pm visible and invisible fragments of experiencesFanfic: In the End […]

    Reply

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