Light Rail Musings

January 3, 2009 at 6:10 pm Leave a comment

I am proud to be a part of history today. I rode on the Phoenix area’s first ever light rail line from Mesa to Phoenix. Dec. 31, 2009, was the last of five days to ride for FREE on what’s been dubbed “Metro.”

I wanted to experience the benefits resulting from our tax money and also explore real estate opportunities along the light rail transit route. I saw many apartments along the line in the town of Tempe and new condominiums just finished in Phoenix. While aboard the shiny new train, I told myself it would be a good decision to invest in a property in the Tempe/Phoenix area close to the light rail line.

The prices are very low and the interest rates are historically low as well. You can buy a lot of house for very little money. Rental demand in this area is high, as it is close to downtown Phoenix, Sky Harbor Airport, Arizona State University and several freeways, to name a few.

My family and I boarded at the Apache Blvd. and 101 Freeway stop. It was the third stop going west to Phoenix, and the train was already packed with passengers. There were no empty chairs to sit on and you had to grab a post before someone else did to keep your balance. The train ride was smooth.

The line runs from Main Street and Sycamore in Mesa to Montebello and 19th Avenue in northwest Phoenix. I certainly hope, based on our initial experience, that the Metro will expand someday soon to include routes that will connect Chandler and Queen Creek in the East Valley to the Glendale area in the West Valley. The Metro is a benefit to Metro Phoenix residents, businesses, tourism, real estate and a great way to use taxpayers’ money. (For a brief video I shot at the Mesa station where we boarded, click here — several other area residents have also documented their light rail experiences on YouTube, as well.)

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Happy Short-Sale Story The Times Says the Time is Now

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