For those of you that are more interested in the technical details that make buying a condo in the Gilbert Real Estate market is such a good idea, then we have some information that you are probably dying to know. We have taken a look at the trends in the area in some of the most important sectors that affect the desirability of an area for consumers. These all show strong indications of gurus market growth and are a sign of solid market support at current price points.
Do not expect prices to fall substantially in the near future in this area as the economic engine running things for the community is rather robust. There is more than likely going to be more inflationary pressure on the housing prices in the area for the next few years than there is to be an overwhelming amount of deflationary pressure. We believe this is the current market trend for a few reasons, which we have listed below.
Several major highways run through the community at key junctures. This reduces the amount of traffic during peak times of the day substantially. This is one of the most important factors for many consumers when considering where to live. People do not want to move somewhere they know they will have to endure hours of rush hour on the way to and from work everyday. With the future expansion of the public transport systems in the area, this is unlikely to change anytime soon. So you can expect this market to remain an attractive market for consumers for the foreseeable future. Infrastructure is the foundation of any city. You can truly judge the prospects of a city’s future by looking at how they take care of their infrastructure. If you do this with Gilbert, it is easy to see why it is such a good opportunity for investing in a new condo.
The local government runs most of the schools in the community through the board of Gilbert Schools. They also have a couple of privately ran schooling institutions for primary and secondary school, as well as a few charter schools, both agnostic and religious. A wide variety of schooling options is highly attractive to families with children; Especially families with multiple children belonging to more than one age group. Recently they also opened up their first institution of higher learning. So now, there are options available each for every significant age group in the area. Having all age groups covered is a huge sign that space will be bullish for families.
There are several major industries represented in the community. These players form the base of a diverse and complex local economy. The three most significant sectors of employees are retail, medical, and government employees. The largest single employer is the school board. The next two are both in the pharmaceutical industry. This goes to show you just how much the people of Gilbert care about keeping their people healthy and educated. Maybe now it is beginning to become a little more clear to you exactly why this is such a popular area for families to move.