Tuesday, January 1, 2008

An Investor, What Is That?

I had a call today from an agent who wanted to preview a listing of mine.  She explained to me that she was representing an investor who is looking to purchase a couple of properties.  This, along with the term "Multiple Offers" is something that I just haven't heard in the Phoenix market for quite some time.

My wife and I are spending some time with family up in Northern Idaho for the holidays.  While here, I've talked with several people in the real estate industry and they all seem to have the same opinion.  Now is the time to buy in the Phoenix market.  Do I agree?  It depends on the situation, of course.  But the moral to this story is that it's been quite some time since I've seen any level of excitement about real estate in the Phoenix area.

-Steve Nicks

[tags] Phoenix real estate, real estate investing, Desert Ridge real estate [/tags]