Phoenix Chosen by Cleveland Aerospace Company to Open $12.5M Plant Bringing 200 Jobs to Area

An aerospace company based out of Clevland named Constant Aviation announced on May 8th, 2017 that an agreement was reached with Phoenix-Mesa Gateway Airport.

Phoenix Mesa Gateway AirportConstant’s CEO, said “Our goal is to have the Mesa location operational in the third quarter of 2017. We will be working diligently to identify and hire top talent, as well as secure all necessary equipment.”

They will be utilizing approximately $50,000 square feet of hangar space and it will create approximately 200 jobs by moving here with an average yearly salary of $60,000, Constant will invest roughly $12.5 million in the facility over the next three years.

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Top Real Estate Markets of 2017 Named By Realtor.com, Phoenix is #1

According to Realtor.com, Phoenix, and Scottsdale, Arizona ranked #1 as the top real estate markets for 2017. Overall they’ve predicted a slight slowdown for the US real estate market as a whole this year, however, the hottest markets are located out west.

Of the top 10 markets all benefited from strong growth dynamics such as population, jobs, and households. All generally had low unemployment and this bolstered consumer confidence.

Of the top 25 metro markets, 11 were located in the western US and the top 10 are forecasted to see average price gains of 5.8% and sales growth of 6.3%, these numbers exceed national growth expectations of 3.9% and 1.9% respectively.

R3_10402_HUD_IGRealtor.com went on to say, “the top 10 metro markets have different buying patterns and price levels, Smoke notes. Millennials are more of a buying force in Boston and Los Angeles, while retiring boomers make their presence felt in Phoenix; Jacksonville and Orlando, FL; Raleigh, NC; Tucson; and Portland, OR. Veterans, meanwhile, come out in force in Jacksonville and Tucson.”

At Semper Find My Home, we’ve seen a large and steady increase of veterans utilizing their VA benefits to purchase homes, particularly in and around Luke AFB because of the F-35 program bringing so many jobs there and because so many veterans are getting out of the service and moving to where homes are more affordable. Not to mention in surrounding cities like Mesa, Chandler, Buckeye, Gilbert, Tempe, Glendale and Litchfield Park to name a few.

If you have any questions regarding buying, selling or renting in and around Phoenix and are a veteran or first responder give us a call we’d love to help you.

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