Good news for Scottsdale’s snow birds! According to this past Saturday’s Phoenix Republic insert (AZ Republic) the Climate Prediction’s Center’s outlook calls for a “warm, dry winter for the Southwest, including the Phoenix metro area. At the same time our country’s neighbor to the north via The Canadian Farmer’s Almanac, the Climate Prediction Center, and La Nina forecasts are all predicting a cold winter for Canada. This chilly forecast could of course include our upper Midwest states such as Minnesota and North Dakota.
Oh, and by the way, do you think we might get a visitor bounce from Cubby-land to begin their defense of the crown during March spring training? Chris, a wonderful client and friend took me out to see my first Cubs game at their new Mesa ballpark last spring. It was a blast! Grab some tickets as soon as they’re announced.
Baseball is in a renaissance that we haven’t seen in decades. Thank you, Chicago, and Cleveland. Baseball may yet reclaim the title America’s past-time! And the baseball capital of the winter/spring world just happens to be — Phoenix, Arizona!
Okay, that’s a pretty good case for an increase in Snowbird population,this winter, but will that translate into increased sales? Rentals?
I say yes to both. In fact I’ll go out on a limb to say that it will be the best winter for buying AND leasing that we’ve had in years. This could mean a run on inventory which could very well cause a spike in pricing in the moderate price range of $250k to $500,000. I also think we’ll see a spike in number and price in “Executive Leases” which are luxury homes being leased for a minimum of 12 months.
And I don’t believe Tuesday’s election plays any real significant part in short term sales numbers regardless of who wins. My gut feeling is we’re starting a strong move forward in AZ housing.