Investing in Arizona

By
Real Estate Broker/Owner with Hancock Property Solutions

What a year!  It's been tough but I'm now seeing some big equity money come to town to take over stranded development projects in the office, industrial and retail areas.  Hoping that this will clean up the banks books, get the lenders lending again, encourage more investors (those that require lenders), and ultimately give businesses confidence to lease or own their own buildings.  Thoughts?

Comments (2)

Steve Laird
Anderson Real Estate Sales - Chico, CA
Steve Sells Chico Real Estate

Take it one day at a time.  We are getting ready to handle the pent up urgency that has been building up for the past couple of years -  With the new administration - I believe that is the shot in the arm, along with the bailpout - It will get things moving again -  hang in there John, It will happen - We will get through this as  we have before.

Nov 15, 2008 05:38 PM
Anonymous
Anonymous

Steve,

Thanks for the good word!  Looking forward to next year.

John.

Nov 15, 2008 05:43 PM
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