This excerpt from a article answers a lot of investors' questions about why Metro Phoenix is worth considering. 

"We’ve grown from a very homogenous employment base in the ’80s, when it was fueled largely by construction and hospitality, to one that’s very diverse. Technology is a big component of that, as is bio-science, manufacturing and distribution, especially in Western Phoenix, which–like Atlanta–is being recognized as a distribution hub. Healthcare, hospitality, tourism, and construction also figure in diversifying the employment base here."    --Todd Braun, the principal at Lee & Associates, Arizona

Read the article here: