It is not a surprise to find investors flocking Arizona’s real estate to build vacation houses and rentals. Arizona is a fairly loved state because of its culture and increasing following in sports. In addition, the increasing number of signage and listings for phoenix homes for sale are encouraging to investors who love to develop properties that are bought on cheap but are sold in gold. A scottsdale realtor agrees that this ‘growth’ is going to continue for years.
Maybe they are just being overly positive. How can such a forecast be true when more and more people are losing their houses? A big issue is short sales and it’s important to make sure you understand the short sale tax implications of doing a short sale. How can that be true when fewer and fewer people qualify for mortgage loans? This means people are moving back to town, which will eventually generate jobs. In fact, our phoenix realtor told us that for the first time in the history of the real estate in Arizona, probable sales outnumbered property listings! Investors are sure buyers that buy in bulk. And Phoenix realtors aren’t the only ones who are enjoying the benefits of this movement in their sales— it seems that our chandler realtor is also happy with how business is going for them.