Is it possible to predict the next housing boom? Not many people can predict the future, however you might be surprised if you counted how many times during the day you base your decisions on emotions and outcomes, both based on some sort of action and reaction. In essence you are trying to predict the future or outcome of a decision you are making or are going to make. Now, this is not an article about psychology or an attempt to generalize people. This is an article about the process most people go through when deciding to purchase a property. Whether you are an Investor, a First Time Home Buyer, upgrading or downsizing the decisions most people go through are largely the same.

Historically speaking interest levels are low, the housing bubble or “bust” as many have referred to it has certainly lowered the prices of most homes in all areas of the State. This has created a unique opportunity in one of the most luxurious areas to live in; Scottsdale. Home prices on some Scottsdale area homes have dropped tens of thousands, if not hundreds of thousands of dollars. Homes you might never have been able to afford are now more affordable. From Bank Owned/REO Homes to Short Sales and Trustee Sales there are opportunities to own the home of your dreams or invest in a home that will create positive cash flow for you by renting it or fixing and flipping the property for a financial gain. Current Real Estate statistics will show that the time to buy is now. If you read beyond the local newspapers, in areas such as the Scottsdale Chamber of Commerce you will realize that Scottsdale has a limited amount of open use land available to build homes on, with limited ability to build, residential resale prices rise. Most of the factors just described along with having a knowledgeable and experienced Realtor to search, analyze, and negotiate for you further minimizes your risks and take the need of trying to “predict” out of the home buying process. Essentially nobody can predict the future, so what most people do is speculate. We have all noticed home prices go up and down but most would agree that we are at or near the bottom of the Real Estate Market and the time to buy is now.

Contact us today at 800-561-1277 Extension 0044, we have knowledgeable team members ready to assist you in all of your Real Estate needs. We also specialize in;

• Providing you with qualified and reliable Lending sources
• Buyer Incentives
• Investment Analysis
• FREE list of REO/Bank Owned Homes
• Trustee/Foreclosure Sales
• Construction Crews for fix and flip opportunities

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