Nogales, AZ

There is no doubt that the housing market in Nogales, AZ is on the rebound. After years of decline following the burst of the housing bubble, prices are finally starting to rise again and there is more interest in purchasing and developing real estate in the area. This is good news for those who own property in Nogales or are looking to buy or develop property here.

One of the most notable trends in the Nogales housing market is that prices are rising faster than they are in other parts of Arizona and the country as a whole. This is due in part to the fact that there is still a lot of demand for housing in Nogales from buyers who are looking for affordable homes. Additionally, there has been an increase in investment activity from both domestic and foreign investors who see potential in the Nogales market.

Another trend that is evident in the Nogales housing market is that new construction activity has picked up significantly over the past few years. This is good news for those who are looking to buy or develop property here, as there will be more options available. Additionally, this increased construction activity will help to support rising prices by providing more inventory for buyers to choose from.

Overall, it seems clear that the housing market in Nogales, AZ has turned a corner and is heading back up. Prices are rising, new construction activity is picking up, and there is increasing interest from both domestic and foreign investors. This all bodes well for those who own property here or are considering buying or developing property here in the near future.