The graph below is the rate in which the values in Arizona have appreciated over the past 33 years. Everyone keeps wondering when the bottom is coming. You can clearly see from this we most likely have reached the bottom. When people ask me when will the bottom come, I always tell them this, “When an investor can buy the property with 20% down and rent in out for the same amount as the mortgage, we’ve hit the bottom.” It’s really that simple. Investors know that a house is the only thing in the world you can buy that someone else will pay for while it keeps going up in value. That time has come and the smart investors are already buying.
Now is the time to buy. If you or someone you know would like to take advantage of this unique time, please call me to set up an appointment. My office sells more foreclosures than any other office in the valley. The media is generally 6 – 8 months behind in reporting accurate Real Esate information. Don’t wait. Check out this article by the New York Times written today.
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