Market Conditions in 85323>Question Details

Manuel, Home Buyer in Arizona

buying spec home at cantada ranch . How is avondale's market compare with peoria, glendale and scottsdale?

Asked by Manuel, Arizona Sat Jan 12, 2008

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I've worked in the Scottsdale market over 17 years. It seems to fair the best when the market is feeling some heat.
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0 votes Thank Flag Link Tue Feb 19, 2008
Goodyear and Avondale have had higher percentage gains in appreciation than in Scottsdale over the past few years. But Scottsdale and Glendale have faired better during this downturn than those cities and have a higher median home price.

When purchasing an investment property, the majority of the profit is not made when you sell the property but when you buy it. Banking on a guesstimated appreciation for a given area is what got most of the investors in trouble during the boom. They bought high and counted on appreciation.
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0 votes Thank Flag Link Thu Feb 14, 2008
yes sir,
for investment. 5 years from now, how the market will be compare to those area?
0 votes Thank Flag Link Sat Jan 12, 2008
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