Metropolitan Statistical Area (MSA):
Safford, AZ is a Metropolitan Statistical Area (MSA) comprising counties including Graham County.
There is no doubt that the Safford, AZ metropolitan statistical area (MSA) has seen some major changes in the housing market over the past few years. The most notable change has been the decrease in home prices. This is largely due to the decrease in demand for housing in the area. However, there are still some real estate trends that are worth noting in the Safford MSA.
One trend that has continued to grow in popularity is the use of short-term rentals, such as Airbnb. This is especially true for investors who are looking to purchase property in the Safford MSA. With the decrease in home prices, more investors are able to purchase multiple properties and then rent them out on a short-term basis. This can be a great way to generate income, while also providing a service that is in high demand.
Another trend that has been growing in recent years is the number of people who are choosing to live in smaller homes or apartments. This is likely due to the fact that many people are downsizing their lifestyles and trying to save money. Additionally, with more people working from home, there is less need for a large living space. As a result, we are seeing an increase in demand for smaller homes and apartments throughout the Safford MSA.
|85536||440||1.2||America/Phoenix||33.13902||-110.00261||Fort Thomas||Graham County||Arizona|