Tuesday, May 8, 2012
Food, Clothing and SHELTER
There are THREE big, key area’s in life that are essential to survival: Food, Clothing and Shelter.
I am happy to say I am in the Shelter business. And with the population continuing to grow and the land being limited (only what is available on planet earth) I think it is a great place to invest for the long-term.
Here are some stats on Tucson’s Market.
Tucson is projected to be the 22nd fastest-growing major market in the U.S.
Rank Market % Growth
1. Palm Springs, CA 15%
2. Bend, OR 14%
3. Austin, TX 12%
4. Phoenix, AZ 11%
5. Bakersfield, CA 11%
6. Ft Myers-Napel, FL 10%
7. Atlanta, GA 10%
8. Grand Junction, CO 10%
9. Yuma-El Centro, AZ-CA 10%
10. Salt Lake City, UT 10%
11. Harlingen, TX 10%
12. Laredo, TX 9%
13. Orlando, FL 9%
14. Houston, TX 9%
15. Dallas-Ft Worth, TX 9%
16. Boise, ID 9%
17. Charlotte, NC 8%
18. Raleigh, NC 8%
19. Fresno-Visalia, CA 8%
20. Wilmington, NC 8%
21. Sacramento, CA 8%
22. Tucson (Sierra Vista), AZ 8%
23. Ft Smith, AR 8%
24. San Antonio, TX 8%
25. Denver, CO 7%
26. Savannah, GA 7%
27. Jacksonville, FL 7%
28. Idaho Falls, ID 7%
29. Charleston, SC 7%
30. W Palm Beach, FL 7%
Source: Claritas 2011
Tucson has the lowest cost of living in the state of Arizona, coming in 5% lower than the U.S. National average.
Cost of Living Index Avg Home Price Home Energy Monthly Cost Avg Gas $
US Average 100 $253,558 $157.65 $3.452
Tucson, AZ 95 $239,706 $146.14 $3.209
Phoenix, AZ 95 $241,396 $184.74 $3.321
Sierra Vista, AZ 100 $273,407 $154.92 $3.446
Prescott, AZ 104 $346,120 $164.69 $3.252
Yuma, AZ 104 $278,613 $210.38 $3.627
Lake Havasu City, AZ 109 $421,665 $154.47 $3.457
Flagstaff, AZ 113 $413,933 $167.62 $3.451
Source: Accra 2011 Annual Average
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