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We told you so all along.....

By
Real Estate Broker/Owner with Phoenix Urban Living

When looking at some of the positive signs of the real estate recovery there are a couple bright spots. One is the fringe where speculation, mass production of track homes and bad financing caused huge drops in property value and huge increases in foreclosures. This has brought back affordability again but at a sacrifice, distance. The second bright spot has been properties located near the core. The old real estate adage 'location, location, location' has really proved it's merit given the current market conditions. Phoenix zip codes have outperformed all others when it comes to values retained, sales of existing homes (very important) and first time buyers (another very important stat). This supports our niche and purpose. Bring or keep people in the core. Less driving, support locally owned business's, appropriately sized homes, connect with your community and neighbors, etc... I hate to say we told you so but we did. However we would love to help you if you haven't made the move yet as we want you here:).

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