Bisbee, AZ

Bisbee is a small town in the state of Arizona that has been known for its mining and copper industry for many years. The town was founded in 1879 and has since grown to be a popular tourist destination. Bisbee is located in the Copper Country region of Arizona and is surrounded by mountains, forests, and lakes. The town has a population of just over 10,000 people and is home to several businesses that are involved in the mining industry, including Bisbee Mining Company, Phelps Dodge Corporation, and First American Corporation.

The real estate market in Bisbee is very competitive due to the high demand for housing units and the limited supply of available properties. The median price for homes in Bisbee was $157,500 as of May 2016. There are a number of factors that contribute to the high demand for real estate in Bisbee, including the close proximity to major tourist attractions such as Mount Rushmore National Monument and Lake Powell National Recreation Area. Additionally, many businesses located in Bisbee are involved in the mining industry which leads to an increased demand for office space and industrial properties.

One important factor that affects real estate prices in Bisbee is the availability of jobs. The mining industry has been declining over recent years which has led to a decrease in employment opportunities throughout the region. As a result, there have been some cases where homeowners have had difficulty selling their homes due to low levels of interest from potential buyers. In addition, there have been reports of homebuyers who were not able to obtain financing due to tightened lending standards imposed by banks following the financial crisis of 2008-2009. This has led some homebuyers who were interested in purchasing homes in Bisbee to instead look at other areas within Arizona or outside of Arizona altogether.