Thursday, May 6, 2010

Don't Buy Phoenix Real Estate! Really + Surprise, AZ Is A Sellers Market

[mEDITate-OR:
well, realize they just jossing widt chou...

But, the point is well taken.
Were ARE we in the RE cycle, and what should we expect in the next 3 to 5 to 10 years.

As you know, most if no all landlords build into their rental rates "annual inflation"...
which, of course, they believe means that THAT will be the annual increase in the value of their investment.

Rental increases based upon smoke n mirrors.

You simply MUST pay more..., to me..., so my property will be worth what we want it to be.

That was then, this is now.

Last month a national report on Apartment rental rates showed U.S.
that AZ rates had dropped more than any other part of U.S.

There are some very saddened, confused apartment owners "outed" [t]here...

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Surprise AZ is a sellers market, but the sellers are either distressed or have the properties from distress.
market trends
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