Wednesday, November 23, 2011

Invest in Phoenix, Arizona

Many of you’ve been asking for Arizona information. I recently put together some information to pass out regarding the Phoenix market and greater area.

The Phoenix greater area is in a very very low inventory status of active homes. Less than 15,000 actives for over 2 million homes. The lowest I’ve ever witnessed. Job market and economy is booming.

These properties from Smart are great to buy and hold as the market is really starting to take off. The equity is increasing as average homes are selling for $65/sqft and replacement costs to build a home in Phoenix are $125/sqft.  Auction homes are currently selling well under market value 15-20% below- it’s just that much more equity to add to the pocket.

For more information, click here

If you wish to see the power point evidence, please email me at greg@bennettpros.com

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