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land: Q: How's the Market? A: Which One? - 03/12/08 05:55 PM

When people find out I work in real estate they make that concerned/contorted expression and wincingly ask, "How's the market?"
I try not to make it sound like a knee-jerk response, but I have to clarify with another question, "Which One?"
The markets I'm in are good. The ones I'm avoiding are not so hot. 
There is no such thing as "one market". The facets of real estate that I currently specialize in are:
Investment Properties Land New Construction Each has its own niches... some sections of each market are very good... some troubled. Regarding these market segments, here is … (10 comments)

land: Large Investors Quietly Building Land Inventories - 09/17/07 09:01 PM
While the media continues to successfully scare many buyers away... or, at a minimum, encourage fence sitting. Large investors are building land portfolios in markets that are glutted with inventory. While some sellers are cash strapped, opportunists are scooping in to buy land at a discount. Their intent is to sit on the land until the market corrects itself.

And so begins the new land grab
Agents involved in such deals are keeping a tight lip on this phenomena, acting as strawmen to purchase properties which have a great upside in the not-so distant future. CNN's article "The New Land … (3 comments)

 
Chuckmug3 Rainmaker_large

Chuck Willman, Arizona Realtor® 480.292.0600

Mesa, AZ

More about me…

Gentry Realty

Address: 2812 N. Norwalk #101, Mesa, AZ , 85215

Office Phone: (480) 292-0600

Cell Phone: (480) 292-0600

Email Me

Tips for those seeking a home or property in the Valley of the Sun. Also a source for Investments, First time Home Buying, Relocation & International Properties. Page copy protected against web site content infringement by Copyscape
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