Chandler Investment Properties
Are you seeking to diversity your portfolio by investing in Chandler AZ homes for sale? Do you want to increase your cash flow by grabbing some Chandler homes for rent? Then you've come to the right place! At the Murray Realty Group, we know the Chandler real estate market inside and out, and our professional Realtors are well-versed in Chandler homes for sale, Chandler AZ foreclosures, and even Chandler AZ short sales.
Investing in Chandler real estate is a smart move; since 2012, home prices in the Chandler and Phoenix region have been increasing at a much faster rate than the rest of the nation -- about 30% over the last year alone! Savvy investors know when the time is right to jump in and get a great deal.
And right now, the Chandler real estate market is looking strong for investors.
Current Chandler AZ Real Estate Trends
As far as investment trends in Chandler go, it's impossible to ignore the influence that Canadian investors are having on the market. With the Canadian dollar conversion rate holding strong, more and more Canadians are heading south to warmer climes -- specially, Chandler and the Phoenix metro area.
In fact, about 5% of Chandler homes for sale are going to foreign buyers, mostly Canadian. It's not hard to understand the popularity; many Canadian buyers are seeking a break from their long, cold winters in the sunny, pleasant climate of the Sonoran Desert. This means that the majority are purchasing Chandler homes for use as a second or vacation home.
Other Canadian buyers, however, are seeking to purchase Chandler homes for rent to use as investment properties and to increase their cash flow -- a smart move, given the strength of the Chandler and Phoenix rental markets.
It's Getting Hot ...
All of this activity means that the Chandler real estate market is heating up! In fact, we're seeing many of the homes for sale in Chandler AZ receiving multiple offers in the first week of an investment!
Cash sales are becoming increasingly common, as well. Over the past year, we've seen all-cash offers make up as much as 40% of all home sales.
And given the popularity of shows like "Property Wars," it's easy to see why the market is booming right now. This hit reality show follows teams of investors as they seek out houses to buy in Phoenix and the East Valley; while the show many not reflect the on-the-ground reality of investing in real estate, it's an entertaining look at the sizzling hot local market conditions.
A Strong Demand for Rental
The Chandler real estate market may be booming, but so is the local rental market -- and that means good news for those considering investing in Chandler homes for sale. Low home prices -- when adjusted for inflation, home prices are as low as they've been since the Great Depression! -- combined with staggeringly low interest rates mean that now is one of the best times in history to invest in real estate.
And this isn't likely to change. Moody Analytics predicts that the rental market will keep going strong for at least the next two years, a situation that's just about as close to perfect for all current and would-be real estate investors as it gets!
A large quantity of foreclosures on the market -- across Arizona, one of every 17 homeowners received a foreclosure notice in 2010 and 2011 alone -- and the still-uncertain economy is keeping homebuyers second-guessing, which means that the rental market continues to grow.
Plus, the high foreclosure rate means that there are a lot of former homeowners out there renting -- and, whether it's based in reality or not, many of them feel that renting in an apartment complex represents a "step down" from home ownership. These renters are much more likely to choose a rental home as opposed to an apartment, keeping the demand for rentals strong.
Tips for Investing in Chandler Real Estate
With both home prices and mortgage rates at historic lows, now is a great time to invest in homes for sale in Chandler AZ. The timing is right, and these tips can help you take full advantage of the chance of a lifetime
Just like when you're purchasing your own home, it's essential to consider location when buying investment property in Chandler. If you're seeking to invest in Chandler homes for rent, seek out homes that are close to schools, public transportation, shopping and other amenities. Look for houses in high-rent and populated areas, rather than rural, isolated homes; these may be more difficult to rent out.
Explore Your Options
Do your research to discover the type of investment property that's best for your needs. After all, not all investments are the same; do you want a second or vacation home? Do you want to rent out the property to increase your long-term cash flow? Do you want to be a landlord or improve a property and then re-sell it?
Our experienced Realtors can help you explore your options. Our extensive listings of Chandler AZ homes for sale, Chandler AZ foreclosures and Chandler AZ short sales will allow you to find the perfect investment properties for your needs.
Partner with Professionals
Whether you're a first-time investor or well-seasoned, it's important to partner with a profession Realtor who can help you locate the best investment properties in the Chandler real estate market. Buying a second home or a rental property is a major financial decision, and Murray Realty Group is here to help.
Our extensive listings of homes for sale Chandler AZ and Chandler homes for rent will allow you to fully explore your options and provide a realistic picture of current market conditions. We can even help with plans to relocate to Chandler AZ! So give us a call today to discuss your investment plans!
7975 N. Hayden Road Suite A-101
Check out these other great neighborhoods in Chandler...
...and dont about forget some of our great neighboring towns !
Free Daily Email Updates
- Automated home searches
- Favorite properties
- Email updates
- And much more…