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Old 12-27-2020, 10:42 PM
 
Location: Arizona
1,665 posts, read 2,945,464 times
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Prescott valley is only 15 miles from Chino valley and as the prices escalate in Prescott valley due to growth that is already in progress then it is only logical to assume that the growth in Prescott valley will have a spillover effect on values in the Chino valley area. I remember 15 years ago when I asked about land values in Prescott valley people told me it was a dust bowl and to avoid investing in Prescott valley. I think the California land rush of 2021 is going to surprise a lot of people.
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Old 12-29-2020, 06:03 PM
 
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I gotta disagree with everyone I guess. Prescott Valley has grown some but nothing like the Phoenix area.

For example, when I moved to the area back in the late 80's Chandler and Gilbert were just little towns out in the desert. There was still several miles of desert between their border and the Tempe/Mesa/Phoenix borders. I mean, the US60 was just a two lane rural highway. Fast forward to now and both municipalities have quadrupled in size and the US60 has 6 lanes in both directions all the way out to Apache Junction.

Chino Valley and SR89..........? It's more or less the same except those new roundabouts.
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Old 04-02-2023, 08:00 PM
 
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I noticed that have been building expensive custom homes in Chino Valley. Has there been any other developments in Chino valley worth mentioning?
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Old 04-03-2023, 08:10 AM
 
4,021 posts, read 1,796,404 times
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Originally Posted by jon spencer View Post
I noticed that have been building expensive custom homes in Chino Valley. Has there been any other developments in Chino valley worth mentioning?
I live north of CV, but spend a lot of time there. It sure seems in the past couple years that good ole Chino is making strides. Lots of 'custom' homes and new housing in general. Along with new stores, high-end restaurants, great pool/community center and even a disc golf course...
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Old 04-03-2023, 08:13 AM
 
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A lot of people moving into Paulden as well. Bare land is selling for about $20+k per acre right now.....
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Old 05-19-2023, 11:44 PM
 
Location: Arizona
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Quote:
Originally Posted by Woody01 View Post
A lot of people moving into Paulden as well. Bare land is selling for about $20+k per acre right now.....
Wow that is a huge increase from a few years back when you could easly get a 5-10 acre parcel for 20k in Paulden
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Old 05-23-2023, 12:46 PM
 
Location: Southern California
1,249 posts, read 1,052,235 times
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My brother is in his early 60s and lives here in California near me. I'm in my 50s. When we check our personal email accounts we get pummeled with real estate offers in the Prescott area.

It's ridiculous. Neither of us have any intention on moving there, though, as we are happy in California and all of our family is here.

It does seem interesting, though, that there is this very well organized, concerted and persistent effort by Prescott area real estate agents to pimp out the real estate there and keep a constant flow of California money coming in. That's really the only way they can have an income I suppose?

It's too far from Phoenix to be a viable suburb and attract commuters, so retired Californians are their target.

Then in 15-20 more years when current Prescott residents start dying off or moving into rest homes or with family, the cycle will resume.
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Old 05-23-2023, 01:57 PM
 
4,021 posts, read 1,796,404 times
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Quote:
Originally Posted by apple92680 View Post
My brother is in his early 60s and lives here in California near me. I'm in my 50s. When we check our personal email accounts we get pummeled with real estate offers in the Prescott area.

It's ridiculous. Neither of us have any intention on moving there, though, as we are happy in California and all of our family is here.

It does seem interesting, though, that there is this very well organized, concerted and persistent effort by Prescott area real estate agents to pimp out the real estate there and keep a constant flow of California money coming in. That's really the only way they can have an income I suppose?

It's too far from Phoenix to be a viable suburb and attract commuters, so retired Californians are their target.

Then in 15-20 more years when current Prescott residents start dying off or moving into rest homes or with family, the cycle will resume.
You're right. Retired (or close to it) Californians are exactly the target. Smart business move, you gotta go after your target audience, right? I don't know if it's necessary though, they are getting so many moving here every year anyway, way more than the community can handle to be honest. But they know the demographics and the population trends...with over 1000 people leaving Cali every day, and AZ now the #2 destination state, they know exactly how many are heading here. Wouldn't you market to them too....?
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Old 05-24-2023, 12:57 PM
 
Location: Preskitt
992 posts, read 515,272 times
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Quote:
Originally Posted by Woody01 View Post
Au contraire. At least the retirees coming over from Cali are spending LOTS of money buying toys, building new homes, remodeling older houses, traveling. They have, and spend, waaay more money than the average younger family. And that will not stop.
Not all from California. The last few obviously monied new arrival folks I met have all been from Minnesota. I see loads of Oregon plates here lately myself also.

And maybe some "local" spending as well.
My wife just inherited a pretty decent amount, so we have decided to start looking at a potential new build with elbow room up CV way ourselves. We currently have an acre in Prescott proper, but both of us want a private "pew pew" range for ourselves, which takes a bit more room than we have now.
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Old 05-24-2023, 01:03 PM
 
Location: Preskitt
992 posts, read 515,272 times
Reputation: 854
Quote:
Originally Posted by apple92680 View Post
My brother is in his early 60s and lives here in California near me. I'm in my 50s. When we check our personal email accounts we get pummeled with real estate offers in the Prescott area.

It's ridiculous. Neither of us have any intention on moving there, though, as we are happy in California and all of our family is here.

It does seem interesting, though, that there is this very well organized, concerted and persistent effort by Prescott area real estate agents to pimp out the real estate there and keep a constant flow of California money coming in. That's really the only way they can have an income I suppose?

It's too far from Phoenix to be a viable suburb and attract commuters, so retired Californians are their target.

Then in 15-20 more years when current Prescott residents start dying off or moving into rest homes or with family, the cycle will resume.
Californians have been retiring here for many years. Six hours from the coast (and the grandkids), great climate, not as expensive, and not nearly as many of the dysfunctional social/governance issues seen in coastal California (I've met loads of what I call "refugees" from coastal California here)

If I was a local RE agent I would target the 50+ demographic in California also. There's money in them thar hills, pilgrim.
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