Where the housing boom goes on
by Kaushik Sirkar, Chandler AZ REALTOR
Chandler Arizona Real Estate
A good portion of the country is stuck in a Real Estate 'flat'. Or maybe even a little bit of a 'bust'. This is certainly not the case everywhere. Read this article from money.cnn.com. Various places are posting double digit price appreciation! How is this possible? Numerous reasons are given, but I think it boils down to a few basics.....
- Didn't appreciate during the boom
- Job growth
- Population growth
There are places that have some of these signs but haven't appreciated in the last year. Phoenix, for example, continues to demonstrate strong job and population growth, but we already 'boomed'. Real Estate is local - check your local conditions for a better understanding of what your market is doing and WHY its doing it....
Thanks for Reading :)
Kaushik Sirkar, Chandler AZ REALTOR
http://www.homesphx.com
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