This is a graph produced by the University of Wisconsin-Madison. Its shows net migration by county.
Here is the legend.
As you can see people are moving west. And Maricopa county is a very popular destination.
What Does This Mean For Real Estate?
Demand. Constant demand. New build, where possible.
Right now the market is in a temporary cool off. Where demand among buyers is lower at the moment than it’s been since 2009. Short term it’s possible for this to last a little while.
Medium term lots of people will be buying homes.
I used to be a trader. Long term outlook for real estate in Maricopa county? Bullish.