arizona: Will the US Become Japan? - 11/21/08 11:36 PM
I hope not. Have you looked at the Nikkei index? They have been in a deflationary cycle since the late 80's. 20 years. Yikes. That is a long time!
The Nikkei is down almost 80% in the past 20 years and their federal bank rates have been close to 0% (1 comments)
arizona: Deep Value at the Bottom of the Market - 11/06/08 01:19 AM
Fortunes are being made currently. Large buyers are out here in Metro Phoenix in a big way. Small buyers are swarming all over the place. Large buyers are buying everything from broken condos, single family homes, multi family complexes, dirt, medical commercial, everything, even luxury. Some of these buyers are backed (0 comments)
I looked and August 08 was considerable better than August of 07 for closed sales. 5705 properties sold in 2008, vs 4308 in (0 comments)
arizona: So You Want to Buy Real Estate in Arizona .... my fellow Canadian - 07/27/08 02:47 AM
You know its coming. Sometimes at the end of August the signs are already there. Labour Day comes (yes I spelled Labour via the Queen's English today) and you can already feel the nip in the air in the morning. You know it might be a short fall. If we are (0 comments)
arizona: Stock Market and Real Estate Market - 06/25/08 03:54 PM
What impact does the stock market have on the real estate market? Some would say for once the real estate market's loose rules for lending is what has caused the current implosion in financials in the stock market. Verses the usual where the economy tanks followed by the real estate market (1 comments)
arizona: The Canadians are coming, and keep coming! - 04/10/08 02:13 PM
We hear it again and again in the media. Yesterday there was an article in the Arizona Republic about an investor from Edmonton who was looking to buy 5 or 6 homes down here in the next 6-12 months. I had a call today from someone in Vancouver who is looking (0 comments)
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