Arizona 1031 Services
Meeting your Arizona 1031 exchange needs for decades, we help you get in touch with registered 1031 exchange advisors to help you avoid unnecessary taxes. Besides this, our team of registered advisors aligns you with suitable replacement properties that meet your needs.
And, if you are looking for the correct replacement property to reinvest in, we work with you to help you navigate the complexities and finalize the right replacement property. Unlike other experts, we specialize in passive-income-generating properties like DSTs, NNN. Want to know more? Get in touch with us, and we’ll connect you with the right investment advisor.
Work With A 1031 Exchange Registered Investment Advisor
At DST.com, we connect you with industry experts. We aim to simplify the 1031 exchange process and help you easily defer capital gains taxes. When you get in touch with us, our registered advisors understand your requirements and unique situation and provide alternatives that suit you the best. From Idaho and Florida, we are the industry experts. Talk to our 1031 advisors now.
Arizona 1031 Properties
Exchangers often come into exchanges without a replacement property lined up. Many investors are unaware of their options – especially if they are looking for properties that provide them with constant cash flow – which is one of the main reasons.
Our recommendation is to work with a local residential or commercial agent if you’re looking for a rental home, office building, or other local properties. Nevertheless, if you’re looking for options that offer monthly income without landlord responsibilities, proximity isn’t as important with all forms of 1031-compatible investments – including DST, and NNN properties. Our advisors can help you explore available options, understand the pros, cons, and limitations, and ultimately help you find suitable choices.
Eliminate All Landlord Hassles & Diversify Your Investment Today
Arizona Real Estate Market
These are a variety of forecasts and outlooks related to Arizona’s market. The views expressed here are educated guesses by industry professionals and should be treated accordingly. The Arizona economy is doing very well and is expected to continue doing so for at least another year, according to economists at Arizona State University. Rounds Consulting Group President Jim Rounds said, “I’ve studied the Arizona economy for quite some time, and I think we’re headed in the right direction.” The strong year we just had is giving us a lot of momentum, according to Lee McPheters, professor of economics at W. The JPMorgan Chase Economic Outlook Center at ASU is among the most respected in the country.
Corporate expansions, a healthy housing market, and continued employment and wage growth will contribute to a positive economic outlook for Arizona, according to CBRE Group. A median home value in Phoenix is $242,800, an increase of 5.5% over the past year, according to Zillow.
The market is predicted to rise another 2.6% by May 2020. Employment growth is another primary factor in the Arizona market’s vibrancy. “We’re in a strong employment expansion that has been unrelenting since 2014 and should continue for the foreseeable future,” said Hoffman, an economist and the director of the L. William Seidman Research Institute at the W. P. Carey School of Business.
Various sectors, including finance and technology, have seen robust employment growth. CoStar Group’s director of market analytics, Jessica Morin, said those sectors are prominent office users. Phoenix has almost a new concern: Is there actually enough room being built? ”
Worker demand is filling up commercial real estate, says Mark Stapp, the Fred E. Taylor Professor of Real Estate at the W. P. Carey School of Business. According to CBRE, the demand for multifamily housing has outpaced new supply for eight years, except for 2016, due to employment growth, low vacancy rates, and affordable rents. A decline in vacancy rates has been driven by a rise in net absorption since 2011, according to CBRE.
It was just 15.2% in Q4 2018 that Phoenix residents were without homes, compared to 26.2% at the peak of the recession. There is a lot of new construction in two submarkets: Tempe and Chandler. This year looks to be another great one for the Arizona market.
Eliminate All Landlord Hassles & Diversify Your Investment Today
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