Perhaps a bit optimistic, but in the last 3 months Our MLS (Armls) has sold on average about 1,000 more homes than we sold in 2005…Arizona Real Estate is hot, again! Yea there will be folks saying “but the price of homes has dropped so, how can you compare the two years”…to that I say…ba’humbug!! We all know the prices in 2005 were out of whack.
But what I want to scream from the roof tops is…”Hey things are not as bad as what we hear from the TV and other media”. If you are able, NOW is the time to buy a home. But let’s all do ourselves a favor and have reasonable expectation. No promises of 20-30% equity in 2-3 years. If you are buying a home or condo realize it is a long term investment and you will do just fine.
For more info on this or buying/selling a home in the Phoenix area, feel free to email or call.
Just my opinion…takes it for what it is worth,
United Broker Group