I lived there for a while just out of college.
I moved there from Boston - it is about as different from the east coast as you can possibly get! I loved Boston and Phoenix too so different != bad.
Housing is much cheaper there - plan on $100/sf for an average-to-nice house. The place is growing like gangbusters so don't worry about buying a house that is out in the boonies today, it will be in the center of town in a few years.
Tempe has a great school district (the "Kyrene" school district as it is known).
Take a trip out there and kick around for a while. I would move back there if I had a reason to. The weather is great, you don't notice the heat after the first few months, and man is it nice to walk around in shorts in February!
If I were to buy a house I'd get something in Scottsdale, Tempe near the university (ASU), or up north in Cave Creek, due north of Scottsdale. Land values in Cave Creek have about doubled in the past few years.
HTH
Robin
Robin
72 Chevy K10
01 E39 M5