constantgardener / Getty ImagesIt’s not surprising to see many Americans make the decision to relocate or spend their retirement in Arizona. The Grand Canyon State offers a warm climate, plenty of activities to ensure an active lifestyle and robust economic development and growth across many cities, positioning it as a solid, affordable state for those interested in buying a home.However, not all Arizona cities are ideal for a home purchase. GOBankingRates spoke to Colten Claus, associate broker at 8z Real Estate, about the top cities where buying a home may not be in your best interest. Would you also avoid home ownership in these four Arizona cities?View More: 10 Dangerous Cities You Shouldn’t Buy a Home in No Matter the PriceTry This: Become a Real Estate Investor for Just $1K Using This Bezos-Backed StartupWealthy people know the best money secrets. Learn how to copy them.TucsonOver the last year, Tucson has experienced some positive economic gains, with The Arizona Daily Star reporting the Tucson labor market is in good shape and there is low unemployment statewide. (Though job growth, it should also be noted, is below the national average.)Where Tucson struggles, however, is having a reputation for being an unsafe city.According to KOLD News 13, Smart Growth America ranked Tucson as the third-deadliest metro area in America for pedestrian deaths. Additionally, The Arizona Daily Star reported in 2023 that gun violence was on the rise in Tucson along with an increase in traffic fatalities.Buyers made aware of these issues may find it impacts their quality of life as well as the resale value of their properties should they decide to purchase a home in Tucson, Claus said.Read More: Barbara Corcoran: 3 Cities To Invest in Real Estate Now Before Prices SkyrocketDouglasA major issue plaguing the city of Douglas is its high property crime rate.According to statistics from online neighborhood database NeighborhoodScout, t …
See the full article on Arizona’s economic indicators, or, read more Arizona real estate investing news. Take your pick!
