Phoenix Real Estate Investing - Phoenix is hot, Hot, HOT! In year over year sales, and I'm writing this January 2013, it experienced a 26% growth, reportedly faster than any other city in the United States right now.
Winter months are expected to be peak times for snowbird visitors in the coming year.
the point, The Canada Arizona Business Association estimates that
1,000,000 Canadians will visit this year. That's a lot of people.
Which is great news for Arizona, but not so much for you!
Why? Because demand for housing is high despite prices being on the rise, while housing stock and supply is low. Still, there are some good deals to be found, but there are less of them.
Yep - you've missed the window of opportunity in which great deals were in abundance, but there's still time to get in on the act...but only if you act quickly.
Metro Phoenix Priciest Home Sales
Photos of the priciest weekly home sales throughout metro Phoenix. The first five priced a cool $2-5 Million and are absolutely beautiful. Wow! Talk about a strong market recovery...this is definitely one of them.
ASU: Phoenix Area Home Prices Surge 35%
Phoenix has a shortage of low end, affordable housing. Consequently, homes in the low hundred thousand dollar range are scarce. Buy if you can, as there aren't many opporunities to get in on the action.
Wealthy Investors Keep Buying Phoenix Homes To Rent
Recently, a couple of former New York fund managers and a real estate investor partnered to create a new Phoenix-based group that not only is buying rental homes but also building them. They've bought 45 single-family houses in the past year and has ...
Commercial Real Estate News Phoenix | Arizona
Phoenix Arizona Commercial Real Estate News ... With a pending opening of Simon Property's Phoenix Premium Outlets less than a month away, the company's venerable Arizona Mills is filling its empty bays with new retailers.
Phoenix AZ Real Estate Full MLS Search Portal now Available - PR Web (press release)
PR Web (press release)Phoenix AZ Real Estate Full MLS Search Portal now Available PR Web (press release)To find a new home or a new property is time consuming. In an area like Phoenix, Arizona –6th most populous city in the United States of America, t ...