ARIZONA DEMOGRAPHICS 2004
Population
Increase
Housing Needs
Home Ownership
Single Family permits
5.7 million
2.8% annual
2.8 per unit
67% approximately
36,500
Arizona Unemployment 5.2%
Emloyment Growth
Nevada
Arizona
Alaska
Hawaii    
         
4%
2%
1.9%
1.8%
ISSUES IMPACTING REAL ESTATE
Top Employers
1 Walmart
2 Honeywell
3 Banner Health
4 Raytheon
5 Intel
6 Alberson’s
7 Basha’s
8 Wells Fargo
9 Kroger
10 Target

Land Ownership
42% Federal
27% Indian Trust
18% Private
13% State Trust
Water Resources

Population Breakdown
Male                     49.9%
Female                 50.1%
White                      75%
Native American      5%
African American   3.2%
Asian                      1.8%

Under 18
19 - 65                  26%
65 - 74                  56%
75+                        6%

Median Age         34.2%
ARIZONA FAIR HOUSING: REAL ESTATE MARKET UPDATE
City
Phoenix
Scottsdale
Mesa
Glendale
Sun City (o)
Sun City (w)
Gilbert
Chandler
Tempe
Paradise Valley
Avondale
El Mirage
Goodyear
Surprise
March 2003
$122,945
$300,000
$134,900
$136,200
$108,900
$151,000
$167,000
$156,900
$161,000

$127,500
$117,000
$155,000
$143,000
March 2004
$128,500
$346,000
$146,000
$146,000
$127,000
$155,000
$188,000
$167,190
$165,000
$895,000 = 3650 s.f.
$145,000
$123,900
$165,000
$150,750
THE GREATER PHOENIX HOUSING STUDY
THE MEYERS GROUP
Top 10 Home Builders 2003 Ranked by Starts
1 Pulte/Del Webb
2 D.R. Horton
3 Richmond American
4 KB Home
5 Misc/Custom Builders
6 Standard pacific Homes
7 Shea Homes
8 Beazer Homes
9 Fulton Homes
10 Trend Homes/Classic Communities
3,938
3,433
1,740
1,537
1,511
1,420
1,409
1,287
1,207
1,126
Percentage of Valley Starts 55%        18,608