For a constellation of verifiable reasons the Phoenix Housing Industry has stabilized as of mid 2011. Prices are slowly trending upward as demand increases and supply has leveled off. Those Buyers that were waiting for the Market to 'hit bottom' have already missed it. Buyers are finding they must now compete for these great values, as many homes are receiving multiple offers within days of listing.
The Phoenix area has seen a surge in corporate relocations and many online retailers will be moving here in 2012 and 2013. Job growth in Health Care sector is projected in 2012 as well.
Affordable homes, and escalating rents, make the Phoenix area a great place a great place for Investors to add some quality rental properties to their portfolio.
Contact us for more information on how you can benefit in this market! If you'd like to talk to a Mortgage Professional to determine your best personal strategy we can refer the best. .
Approximate Location Boundaries: Greater Phoenix Area
