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She is beautiful!!!!!!!

By
Real Estate Agent with Gentry Realty

She is beautiful. That's right I am talking about the market. It is a beautiful market. It is amazing how cheap you can get homes here in Phoenix Az. I have homes that are in the low $100's that are Single family average sized homes. I have had so many calls lately from investors that are starting to get it. They can purchase a home and only put 10% to 20% down and cash flow. The lending has definitely tightened up here, but that is not necessarily a bad thing. Why? Because my investors are not getting into silly loans that they cant handle. I am not sure when the market will turn around, but I hope that it stays this way for a long time because I want real estate to be this cheap forever.

Give me a call if you are an out of state agent and need a contact here for the Arizona Market. I love to work with out of state agents. I specialize in investment real estate.

Comments(2)

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Rick Sergison
EXP Realty of Canada Inc., Brokerage - Pickering, ON
Durham Region Real Estate Blog

I just stopped by to welcome you to Active Rain. I hope that you find it a great benefit to your business and that you see the value that I have also found here. I am from Charlottesville Virginia and using Active Rain has really increased my business!

There are some great group both local and broad based,.... enjoy!

Feb 27, 2008 08:10 AM
Chuck Willman
Chuck Willman - Alpine, UT
NewHouseUtah.com
I've noticed that some of these homes cash flow with even less down... perfect for the second home buyer who may be interested in renting out the home soon.
Mar 17, 2008 02:30 AM