Phoenix is the capital of Arizona and has the largest population in the state. Phoenix is recognized as one of the best places to live in Arizona because of its flourishing businesses, arid landscapes, and attractive real estate. Apart from being attractive to young professionals and families, retirees love moving to Phoenix for its low property taxes, lots of sunshine, and outdoor activities. Phoenix Real Estate Market Phoenix has a great real estate market, which is attractive to buyers for various reasons. Despite the median listings reaching nearly $485,000, the city has a relatively affordable cost of living. Phoenix has experienced a significant surge in property investment returns, making it an ideal place for homebuyers and investors. The property tax rate in Arizona is only
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