It is easy to think the world is coming to an end as we know it…or at least, the sky is falling…when your pick up a newspaper, listen to the news or logon to the Internet. Yes, we are experiencing troubling economic times, but how do we separate fact from fiction and know if now is the time to consider investing in Phoenix real estate. Listening to all the hype in the media you would think the sky is falling. The fact is, real estate in Phoenix is on sale…not just any sale but this is a HUGE SALE. Prices are down 50% in many areas. I have seen may properties go for 55-60% less than last purchase price!! The deals are everywhere. While I have no crystal ball about whether we are at the bottom, I can definitely say we are close. Home sales are way up. December had a huge increase in pending sales over November. That never happens. December is usually quite slow during the holidays. I believe, rather I know, that this is an excellent time to invest in Phoenix real estate. We all know that buying low and selling high is the way to make money. We all know that this current economic situation will not last forever and Phoenix real estate prices will return to the premium levels seen previously. The fact is foreclosures are already slowing down with all of the homeowner bail out packages currently available. We have seen temporary market corrections before, this is nothing different.
Search resales, foreclosures and more at www.ThePhoenixExperts.com. Check out our “Foreclosures” and “Prices Are Down” pages for more statistical information on the current housing market in Phoenix. To take advantage of the current sale prices on Phoenix and Scottsdale real estate, just call me and we’ll get started to find you a great deal.
Marc Brodeur
Realtor
The Phoenix Experts
Marc@ThePhoenixExperts.com
1-800-300-0263
www.ThePhoenixExperts.com
