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 by Billionaires. How do I know this? I have been contacted by a number of these buyers. If they are buying, shouldn't you be buying?

This market (Metro Phoenix) has dropped the farthest, the fastest in the nation. And the value buyers are here with the demographics that make Arizona so desirable. Maricopa County had over 100,000 people move here in 2007. The fastest growth rate in the nation. Our unemployment is under 5% and demographics of the baby boomers wanting to get out of the cold along with economic growth is expected to make Metro Phoenix's population go from 4 million to 7 million in the next 25 years. Arizona is expected to bounce up faster than most other hard hit areas in the nation because of its growth and climate.

Arizona is not prone to inclement weather, earthquakes, tornadoes, hurricanes, etc. Arizona has a large number of very large data storage facilities because of this. It has low unemployment. It has low property taxes, and we just passed into the state constitution a ban on real estate transfer taxes. 

If you are a serious real estate investor, you must consider Arizona. It doesn't get much better than this. Fortunes are made at the bottom of the market, not the top! Now is the time to buy. December is always the slowest month with the fewest buyers making it the ideal month to pick up the bargains of a generation. 

Fortitude is required. This is not for the fearful. Be fearful when everyone is greedy, be greedy when everyone is fearful.

Marc