Arizona Real Estate is growing at an incredible rate. Prices are up and down like always. As most already know, Real Estate markets are cyclical. Regardless of fluctuating prices, Arizona is still growing extremely fast. Arizona grows out because there is so much land to build on. It really does not matter which direction you go. North, South, East, or West of the Phoenix area you will find enormous communities being built.
Would builders be building if people were not buying? That would be extremely difficult to believe. Since Arizona grows out the freeway system is very unique. Most cities have very congested freeway systems from experience, but not Arizona. Parking is rarely an issue because there is a lot of space here.