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Desert metropolis with 5+ million residents. Major tech companies, semiconductor manufacturing, and retiree destination create diverse economy driving steady population growth.
Scottsdale (luxury $600K-3M), Paradise Valley (ultra-luxury $2M+), Tempe (university area $350-600K), Mesa (affordable $300-500K), Chandler (tech corridor $400-700K).
California migration, tech company relocations, winter resident influx. Water concerns balanced by economic diversification and population growth.
Diverse opportunities from $200K condos to $20M+ desert estates. Strong vacation rental market. New construction abundant in growing suburbs.
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