Downtown living has boomed in the past few years as various revitalization plans have taken root. The Arizona Republic reported that 10,000 new residents have put down roots in the downtown area since 2000.
Surely the current economic slowdown has put a pause in that growth pace. But the December grand opening of the Metro Light Rail system should boost interest in and visits to the downtown corridor. The Grand Opening is Saturday and Sunday, December 27 and 28 and all train rides that weekend are free. Read all about Light Rail on the ValleyMetro website.
Interested in housing prices downtown? Hi-rise condos are especially popular. You can search for downtown Phoenix hi-rise condos for sale here.