Bringing a global and eclectic perspective: Q&A with Kasten Long Commercial Group’s Walter Unger

Walter Unger

By Mike Sunnucks | Rose Law Group Reporter

It took Walter Unger some time to get to Arizona and to get into the real estate business. Now, he is one of the veteran brokers in the state.

Unger was born in Austria and lived their 20 years. He then spent another two decades in Australia before coming to Arizona and getting into the real estate business.

That experience and being fluent in German helps Unger, a senior associate broker with Kasten Long Commercial Group, bring an international perspective to his work and marketing properties.

Unger has an eclectic set of current listings including a working cattle ranch near Tucson, infill parcels in Phoenix and Mesa and golf course properties in Gold Canyon.

We chatted with Unger about the market and his unique background.

What are you watching in the market, the economy most right now?

“The growth and economy of Arizona, especially Maricopa and Pinal County. I am also very confident we will have at least another 3-4 years of a very strong economy ahead of us, and I am talking about the US but especially Arizona economy. We are the fourth or some say the fifth biggest city in America and our real estate prices compared to the other cities ahead of us are about 30% to 50% cheaper, so in my opinion in Arizona we only have one way to go and this is up.”

What types of deals are you seeing most right now?

“In the moment there are deals to be made in every sector of real Estate with owner users and investors.”

Is the trade war with China having any impacts on the real estate market?

“No, our $1 trillion economy will not be ruined by the trade war, just a little hiccup which we will get over very fast, and since the elections are still 18 months away nobody will even know by then we had a little hiccup.  And I agree with the trade war, it will benefit our economy big time in the long run.”

How many languages do you speak and how has the helped your real estate work?

“Fluent in English and German, helps me with European clients with my worldwide marketing.

I have many friends and acquaintances all over the world, I grew up in Austria, lived there for 20 years, then I moved to Australia and lived there for 20 years and now I have lived 30 years in Arizona which is probably the best place of all the places I lived in.  I also always traveled a lot all my live on all continents except South America.”

How did you end up in real estate?

“Wanted to do it all the time, but it took me a long time to get out of the restaurant and then nightclub business in Sydney Australia, which had their own benefits, and I was in it for 25 years.”

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