Phoenix Housing Market?

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  • TidalWave
    Confirmed User
    • Sep 2007
    • 2706

    #1

    Phoenix Housing Market?

    opinions on houses and real estate in Phoenix area?
    how many people are renting? how quickly are things renting?

    lots of people buying houses?
    www.SwiftNode.com
  • JaneB

    #2
    Yes there are people buying houses, you can get some great deals right now. The rentals would depend on the area. I know in Tempe houses are rented fast, but we also have the university here.

    Comment

    • Nikki_Licks
      Confirmed User
      • May 2005
      • 6323

      #3
      I heard on the news that rentals are getting real hard to find as most people that lost their homes ended up renting a home.
      And if you rent, you better hope the landlord is not in foreclosure and takes your money...lots of scams going on too

      There are plenty of homes up for sale. In our neighborhood (subdivision area), last count......there are around 13 homes sitting empty. There use to be something like 17 but some sold.

      It's a buyers market
      Amateur Content
      ICQ: 292 356 077

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      • TheDoc
        Too lazy to set a custom title
        • Jul 2001
        • 13827

        #4
        I wouldn't really call it a market... it's more buyers choice, just select a house and name your price.
        ~TheDoc - ICQ7765825
        It's all disambiguation

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        • fatfoo
          ICQ:649699063
          • Mar 2003
          • 27763

          #5
          A successful market sells many different kind of thing. Good luck.
          Send me an email: [email protected]

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          • Nikki_Licks
            Confirmed User
            • May 2005
            • 6323

            #6
            Originally posted by TheDoc
            I wouldn't really call it a market... it's more buyers choice, just select a house and name your price.
            I called it a buyers market because there are so many homes available to bid on that are dirt cheap and as you mentioned, you can just about name your price. Most can't be sold due to the previous owners stripping the house.

            I would assume you could buy a home stripped if you are paying cash and possibly signed some sort of release. I don't know how the law reads or if the banks would allow a person to purchase a non livable home. I was always under the impression that if the home is not livable, meaning ready to move in, then the bank has to make necessary repairs and then it can go on the market....not sure....
            Amateur Content
            ICQ: 292 356 077

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            • LoveSandra
              So Fucking Banned
              • Aug 2008
              • 10551

              #7
              good luck

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              • Mutt
                Too lazy to set a custom title
                • Sep 2002
                • 34431

                #8
                see this house in the header of this site? http://www.arizonalodgingexperts.com

                we rented that house 2 years ago to shoot a solo site model in for a week, it's a gorgeous home, i think it was between 2 and 3 million at the time.

                it sold for 1.2M and now I heard it sold again - for 800K!!!
                I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!

                Comment

                • Mr Happy
                  So Fucking Banned
                  • Feb 2010
                  • 485

                  #9
                  It is about to drop another 25% in AZ

                  Comment

                  • TheDoc
                    Too lazy to set a custom title
                    • Jul 2001
                    • 13827

                    #10
                    Originally posted by Mr Happy
                    It is about to drop another 25% in AZ
                    Yep, lots of people upside down are just walking away....a house is an investment, if you're investment is bad you cut your losses. The market balances out here fast, tons of people willing to snatch up those cheap homes.
                    ~TheDoc - ICQ7765825
                    It's all disambiguation

                    Comment

                    • heymatty
                      Confirmed User
                      • Oct 2001
                      • 2188

                      #11
                      Yes looks like it was a false bottom. Going down again soon.

                      Cashlantis ~ Black Book Cash

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