5 Reasons Why Millennials Will Buy in the Chandler Area
Millennials are people born between 1982 and 2000. They are 21 to 35 years old and there are 80 million of them in the US. For Millennials looking for a great place to live, work, raise a family and enjoy their lives, the vibrant city of Chandler, Arizona has a lot to offer! Chander’s strong tech focus and healthy employment base, quality services, excellent schools, and diverse assortment of activities and events are highly attractive to Millennials looking for a great community to call home. Chandler also offers plenty of opportunities for outdoor recreation, concerts, plays, arts, festivals, shopping, dining, and more. If that's not enough, nearby Phoenix has major sports leagues like the Arizona Cardinals and Phoenix Suns along with numerous shopping & dining venues, art galleries, exciting nightlife, and much more!
Below are five reasons why Millenials will buy in the Chandler area:
1). Best Place to Find A Job - Chandler was recently named "2018's Best Place to Find a Job" in a nationwide study from WalletHub.com (a leading personal finance outlet). The ranking reflects Chandler's continued economic growth over the past year, moving up from a ranking of 7th nationally in 2017. Along with growth among small and mid-sized employers, this provides thousands of quality jobs for Millenials.The largest employer in Chandler is Intel, with 2 campuses in the city.
Other leading employers include Wells Fargo, Chandler Unified School District, Bank of America, Verizon Wireless, City of Chandler, Chandler Regional Medical Center (Dignity Health), PayPal, Orbital ATK, and Microchip Technology. As a suburb of the greater metro Phoenix area, Millenials living in Chandler can also easily commute to nearby cities such as Mesa, Tempe, and Phoenix, all of which have large employment centers. Chandler was also ranked as one of the five “Best Cities for Millennial Job seekers in Arizona” by nerdwallet.com.
2). Chandler Schools - One of the many draws for Millenials investing in Chandler real estate is Chandler’s award-winning school districts and top-ranking schools. Chandler is part of Arizona School Choice, created to help Arizona parents navigate the many educational opportunities that are available to their children as they progress through grade school and beyond. Students can apply for admission to any public school of their choice, based on available classroom space. In addition, Chandler offers a number of outstanding alternative education choices including charter schools and private schools along with institutions of higher learning within or in close proximity.
Most of Chandler is served by the highly-acclaimed, A-rated Chandler Unified School District (CUSD), recognized throughout the state and nation as a premier district of choice as noted by the Arizona Education Foundation and Arizona Department of Education. Chandler, west of the Loop 101 Freeway, is part of the highly-rated Kyrene School District and Tempe Union High School District, and a small portion of Chandler near the Mesa border is served by Mesa Public Schools. Chandler-Gilbert Community College (CGCC) is a comprehensive community college located in Chandler, serving the higher education needs of the community.
3). Chandler Real Estate - Millennials know they’re getting more value when they buy in the suburbs. For the price of an urban loft apartment, they’re getting a three-bedroom, two-bath house in a safer neighborhood with better schools. Millennials are looking for suburbs with urban amenities such as yoga classes, health food stores and walkable downtown areas, close to parks and natural areas. They also don’t want long commutes. Chandler offers all of the above along with a large variety of residential options in a wide range of prices, from affordable townhome/condominium residences to starter homes in family-friendly neighborhoods to executive homes in private gated communities. With the help of a qualified Chandler REALTOR®, Millennials will have no problem finding Chandler homes for sale in neighborhoods that are a match to their wants and needs, within their price range.
According to Mike Orr, Director of the Center for Real Estate Theory and Practice at Arizona State University's W.P. Carey School of Business, it is easy for Millennials to buy a home in a thriving city like Chandler. Programs such as FHA loans, designed for low-to-moderate income borrowers who are unable to make a large down payment, let you make a down payment as low as 3.5%. One in five home loans are FHA loans, and an FHA loan in Maricopa County can be approved for up to $294,515, depending on salary and factors such as credit card debt, car loans, student loans, etc. Chandler’s thriving economy and robust job market make it even easier for Millenials to have the salary they need to buy the home they want.
4). Downtown Chandler - Millennials will surely be attracted to Chandler’s vibrant, walkable downtown area brimming with activity. Downtown Chandler is alive with eclectic art galleries, boutique shops, ImprovMANIA, the Chandler Center for the Arts and public art throughout. The area also hosts a variety of events including a monthly Art Walk held the third Friday evening of each month and a weekly farmers market. Vision Gallery is non-profit art gallery located downtown that serves as a cultural center, representing more than 200 national, state and local artists. The Downtown area has seen tons of renovations in recent years including a new City Hall Complex, fresh pedestrian walkways, bike paths, and an eye toward historic architectural preservation and inspiration. A hub of activity from the April Chalk Walk to regular parades and festivals, Downtown Chandler is one of Arizona’s most exciting places to be on the weekends!
5). Chandler Fashion Center - Millennials have a reputation for doing everything with their smartphones but the reality is strikingly different. A majority of millennials make most of their purchases offline. They look for a great shopping experience and the best deals on their favorite brands. Chandler Fashion Center is the second-largest mall in the Phoenix metropolitan area and a place where Millennials can find the latest styles at prices they will appreciate. The mall is anchored by major retailers including Macy's, Nordstroms, and Dillards and includes numerous stores and eateries.
Along with a great shopping experience, Millenials also look for other values such as authenticity, local sourcing, and ethical production. Millennials will appreciate Chandler Fashion Center for offering shoppers the option of reusable bags by many retailers, for using green cleaning products whenever possible, for implementing new lighting protocols and an upgraded HVAC system that minimizes energy use and lowers their carbon footprint, and by Installing a recycle compactor so the entire mall has the opportunity to recycle. The Center also encourages Chandler residents to shop locally and support the local economy, whether it’s a large purchase or just a quick stop at the grocery store.
When it comes to Millennials choosing where to put down roots and buy a home, the exciting community of Chandler has much to offer!
CATHY CARTER, REALTOR® SERVING CHANDLER & The SouthEast Valley - CALL TODAY! 480.459.8488
Cathy Carter is known throughout the industry as a top Chandler REALTOR®. Cathy has over two decades of experience and hundreds of satisfied clients can attest to her diligence in representation and care for every single detail. Along with her professional team, Cathy understands that frequent and open communication is essential to each and every transaction and is readily available to answer any questions a client might have. She makes it a point to get to know her clients on a personal level, which allows her to locate the right home within any development or neighborhood that best matches their personal preferences and needs. Cathy is an expert Chandler REALTOR®. Contact her today to begin your search for your new home!
Please give REALTOR® Cathy Carter a call today at 480-459-8488 or fill out the online contact form, and she will be more than happy to answer any questions you may have!
CATHY CARTER, REALTOR®
ABR, CRS, CDPE
2450 S. Arizona Ave, Suite 1
Chandler, Arizona 85286
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