Real Estate Reality

So what is going on in the market?  That is the question that I used to get all the time. I am still hearing it, but the doom and gloom of national news has caused people to think that they may know the answer to that question, so why ask?  Well, in my world there is always an upside to what life throws our way.  The correction has been made in the Phoenix market and in my opinion most of the pain has been endured.  I don’t foresee any major increase in prices anytime soon.   Prices are dirt cheap and most of the market is distressed, but what a great time to buy.  Short Sales are the best value if you have the emotional sweat equity to invest. You might consider a rental home investment.  Apartment complexes rents are up as there is such a need for displaced home owners to rent for awhile as they rebuild from a Short Sale or Foreclosure.  Something to think about….  Give me a call and I would be happy to discuss some options with you.

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