Detailed market commentary at The Market Ticker and Ticker Classics
(The Year 2012 In Review)
Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
RSS available You are not signed on; if you are a visitor please register for a free account!
|MarketTicker Forums Single Post Display (Show in context)||
User: Not logged on
|User Info||who has the most exposure to ARIZONA Real Estate? ; entered at 2010-06-22 21:03:30|
Registered: 2007-08-09 Canyon Lake
Jetzzz, careful on assessing market values based on rent prices. The reason being is that the foreclosure crisis has caused a rental shortage and it will take time for rents to deflate. A better alternative would be to rent with a lease purchase and lock in the sales price. Ask local agents if they know of any sellers that would be willing to do a lease purchase or rent reductions for paying advance rent (note: verify the owner is current on the loan before doing this). |
You'd be much better off locking in a good rental and then watching the market and inventory after you move there permanently.
As to who has the most exposure in regard to Arizona RE, the answer is simple- anyone who owns it.
We are in Canyon Lake, CA and had to deal with a tight rental market, and found a smoking water lake front rental for a song. In fact, have friends coming over to wakeboard shortly.
Note: I have to be the worst real estate broker in history to constantly tell people not to buy.
Last modified: 2010-06-22 21:05:07 by do_the_math