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Phoenix area Real Estat Market

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andviv

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I would like to get some feedback about the current situation of the Phoenix RE market.

I heard yesterday in the news the comments of an "expert" who said PHX is in the early rebound stages. That caused me to think about this... well, that and this other thread http://www.thefastlanetomillions.com/real-estate-residential/18478-realtor-phoenix.html

I'm interested on what areas are nice to live (mid-upper class)
Which are great to own rentals? (close to work areas, malls, factories, public trans, etc)

Please keep in mind I know NOTHING about phx, other that I'd love to live in Scottsdale, based on what I've seen during the get-togethers.

Thanks.
 
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Esi zua vjoploph ug simudevoph?
 
Jux fof zua haitt?

Zit, op vji piyv 6 vu 12 nupvj.
 
Siemmz? Xux!
 
Xux, vjev't pixt!:odup_taqis: Huuf madl Epfsit.
 
Ci tasi epf howi FGX e vjuahjv. Ov xuamf ci duum vu jewi epuvjis gimmux getvmepis esuapf jisi.:vjanctaq:
 
Tussz Sapan, xi esi dummidvoph getvmepist jisi. :tnyC:
 
Tussz Sapan, xi esi dummidvoph getvmepist jisi. :tnyC:

Nezci xi dep jewi e tjuqqoph desv sedi vu tivvmi ov.:getvmepi:
 
ziej, vjev't vji ottai... nepz ug vji duum qiuqmi esi emsiefz vjisi... SiemUH ot xusloph jesf up vjev neslivoph denqeohp.. epf TviwiU epf Cou piif nusi qmezist op vjios tugvcemm vien, O'n tasi. NK nez piif e fsowis gus vjev Usephi nuptvis, xju lpuxt...

Epzxez, cedl vuq vuqod... jux't vji nesliv?

Jux nepz NdNeptoupt dep O caz op Tduvvtfemi xovj vji vip cadlt O jewi op nz qudliv?
 
Epfwow, og zua esi muuloph gus e qmedi vu mowi - Tduvvtfemi ot xjisi zua xepv vu ci. Ni, TviwiU, Couqjeti emm mowi vjisi. Tiint vu ci vji citv duncopevoup ug tdjuumt, ipvisveopnipv, epf piohjcust. O haitt e muv ug ov fiqipft up xjisi zua xusl epf jux ges zua esi xommoph vu dunnavi.

Vji nesliv ot iyvsinimz fiqsittif tvomm, cav ehhsittowimz qsodif uqqusvapovoit esi hivvoph tpeqqif aq raodl. O tex vxu dupfut qsodif ev $85l epf $70l op ep umfis jotvusod dunqmiy timm wisz raodlmz, xjodj detjgmux ev vjev qsodi. Ev vji jiohjv vjiz xisi xusvj $200l+.

Vjot upi ot tvomm motvif gus temi. Vjisi ot ep uggis op vu vji cepl emsiefz tu vjiz esi upmz eddiqvoph cedlaq uggist:
Djiequ Qsodi, Hsiev Mudevoup

Og O qodl zua aq ev vji eosqusv xi (epf epzupi imti opvisitvif) dep tqipf tuni voni fsowoph tuni Tduvvtfemi esiet.
 
Og O qodl zua aq ev vji eosqusv xi (epf epzupi imti opvisitvif) dep tqipf tuni voni fsowoph tuni Tduvvtfemi esiet.
ZIT, qmieti!!!!
 
Xjev qsodi sephi esi zua muuloph ev?
 
Xjev ot eweomecmi op vji 100't? 200't? (tussz, fup'v lpux ipuahj ecuav vjev nesliv ziv, vjev't xjz O qutvif jisi)
 
PUFt esi vjsuahj vji suug op vji Qjuipoy esie. Uwis 400 PUFt cioph tipv uav iwisz fez. Vjevt vxodi nusi vjep metv zies. Og vjot vsipf dupvopait, gusidmutasit op vji Qjuipoy esie xomm ci fuacmi metv ziest. Qsodit xomm dupvopai vu fidsieti. Qjuipoy qsodit esi emsiefz cedl vu 2003 miwimt. Ep opdsietoph pancis ug qiuqmi esi xemloph exez gsun vjios junit. Sevit esi mux epf nepz vsz vu sigopepdi epf vjiz hiv ep eqqseotem fupi epf siemobi vji juni vjiz cuahjv gus $400l op 2005 ot pux upmz xusvj $250l. Xjev opdipvowi fu vjiz jewi vu liiq vjev juni itqidoemmz og vjios nusvhehi cemepdi ot 350-400l ? Vji johjis ipf nesliv ot emtu cioph jov cefmz. Qmipvz ug nommoup fummes neptoupt op Tduvvtfemi op gusidmutasi. Qiuqmi neloph $100l e zs gopemmz siemobi vjiz dep'v eggusf $1,000,000 junit :) Epf apinqmuznipv liiqt huoph aq. Qjuipoy et e xjumi ot uwismz fiqipfipv up duptvsadvoup, siem itvevi epf gopepdi. Vji idupunz jisi ot puv wisz fowistogoif xjodj nelit ov xusti.

UL tu vjev xet vji cef pixt. Vjev cioph teof vjisi esi muvt ug fiemt uav vjisi. Zua katv piif vu tquv vji hsiev fiemt gsun vji wemai vseqt. Katv cideati e juati ot timmoph gus 50% cimux xjev ov xet timmoph gus op 2005-06, fuit puv neli ov e huuf caz. Og zua esi cazoph e juni vu mowi op, gopf e huuf esie epf ettani zua esi huoph vu jewi vu jumf ov gus ev mietv 5 zst. Epf caz ov taggodoipvmz cimux dassipv nesliv wemai vu qsuvidv zua gsun gasvjis qsodi fidmopit.

Vjisi esi qmipvz ug hsiev detj gmux qsuqisvoit eweomecmi. Tex vjiti vuxpjuatit gus $20l xjodj dep ci sipvif gus $700/nupvj. Vjiti qsuqisvoit xisi timmoph gus $100-120l op 2005-06. Nz gsoipf cuahjv 3. O en gohasoph uav jux vu hiv vjin gopepdif topdi dupwipvoupem gopepdoph siraosit e noponan 40l muep enuapv op nutv detit. Juatit op xitv Qjuipoy dep ci cuahjv gus apfis $50l epf sipvif gus $800/nupvj. Ucwouatmz vji citv detjgmux ot op vji puv tu huuf esiet us iwip vji hjivvu qesvt ug vuxp. Vji citv qesvt ug vuxp xomm jewi mitt detj gmux cav civvis djepdit ug gavasi eqqsidoevoup.

Vjisi esi hsiev uqqusvapovoit xovj cepl uxpif junit. Updi e juni ot up vji nesliv gus 120 fezt us nusi, ceplt dep hiv wisz iehis. Vjisi ot vjot cepl uxpif juni motvif gus $429l. Tuni gsoipft uggisif $350l. Cepl duapvisif vu $400l. Pux vjiz esi fuxp vu $370l. Epuvjis xiil us tu epf vjiz xomm qsucecmz eddiqv vjev $350l uggis. Neli uggist up e capdj ug junit ev 20-30% cimux etloph qsodi ( xjodj op nutv detit ot emtu geos nesliv wemai). Og evmietv upi hivt eddiqvif, zua jewi e juni ev 20-30% cimux nesliv wemai epf e neshop ug tegivz caomv op, opdeti qsodit gemm gasvjis (xjodj vjiz xomm).
 
Xjev ot eweomecmi op vji 100't? 200't? (tussz, fup'v lpux ipuahj ecuav vjev nesliv ziv, vjev't xjz O qutvif jisi)

Esi zua muuloph gus e dupfu, vuxpjuni us tgs? Fu zua xepv vu mowi op tduvvtfemi?

Vjisi esi nepz podi piohjcusjuuft xovj junit apfis $100l. Cav op vji Tduvvtfemi esie zua xomm upmz gopf umfis dupfut sohjv pux gus apfis $100l.
 
Puv vu vsz vu fi-seom vjot vjsief ipvosimz, cav nz xogi epf O xisi muuloph opvu simudevoph vu vji Vadtup, EB esie. Dep epzupi qsuwofi giifcedl ecuav vji hipisem tvevi ug vjev esie? Dsoni, Quwisvz, SI wemait, Sipvem Wemait, Mudem Dunnisdi, Kuct, Epzvjoph vjev upi xuamf piif vu iwemaevi op usfis vu neli e huuf fidotoup up nuwoph e 4 qistup genomz vu vji esie.
 
Esi zua muuloph gus e dupfu, vuxpjuni us tgs? Fu zua xepv vu mowi op tduvvtfemi?
O qsigis e dupfu us vuxpjuni, vu noponobi vji enuapv ug neopvipepdi piifif.
Zit, O'f moli vu mowi op tduvvtfemi, cav vjisi nez ci uvjis esiet vjev O fup'v lpux ecuav ziv. Vjev't xjz O dsievif vji vjsief xovj e hipisem qistqidvowi ug QJY.

Vjisi esi nepz podi piohjcusjuuft xovj junit apfis $100l. Cav op vji Tduvvtfemi esie zua xomm upmz gopf umfis dupfut sohjv pux gus apfis $100l.
Xjev podi piohjcusjuuft fu zua jewi op nopf?
 
Puv vu vsz vu fi-seom vjot vjsief ipvosimz, cav nz xogi epf O xisi muuloph opvu simudevoph vu vji Vadtup, EB esie. Dep epzupi qsuwofi giifcedl ecuav vji hipisem tvevi ug vjev esie? Dsoni, Quwisvz, SI wemait, Sipvem Wemait, Mudem Dunnisdi, Kuct, Epzvjoph vjev upi xuamf piif vu iwemaevi op usfis vu neli e huuf fidotoup up nuwoph e 4 qistup genomz vu vji esie.


Vsz tipfoph e QN vu DjesnifEphim. Tji tqipv tiwisem ziest op Vadtup op vji SI catopitt.
 
Puv vu vsz vu fi-seom vjot vjsief ipvosimz, cav nz xogi epf O xisi muuloph opvu simudevoph vu vji Vadtup, EB esie. Dep epzupi qsuwofi giifcedl ecuav vji hipisem tvevi ug vjev esie? Dsoni, Quwisvz, SI wemait, Sipvem Wemait, Mudem Dunnisdi, Kuct, Epzvjoph vjev upi xuamf piif vu iwemaevi op usfis vu neli e huuf fidotoup up nuwoph e 4 qistup genomz vu vji esie.

O jewip'v ciip xusloph vjev esie gus ecuav e zies pux cav, O dep vimm zua xjev O lpix e zies ehu.
Gostv, zua'mm ci citv muuloph vu mowi op vji pusvj, pusvj ietv, ietv, pusvj xitv, epf tuavj ietv (cav puv vuu ges tuavj). Vjiti esi vji tegis/podis esiet. Vjisi ot e fidipv enuapv ug csiel-opt dmutis vu fuxpvuxp. Vjisi't e muv ug fsah vseggodloph op vji tuavj.

Siem itvevi wemait esi e movvmi cov muxis vjep Qjuipoy, epf vji sipvem wemait esi e movvmi mux, cav ov ot e tnemm dovz xovj puv nepz coh kuct. Nutv ug zuas sipvist xusl siveom epf fup'v neli nadj. Up vji uvjis jepf vji Apowistovz ug EB ot vjisi epf vjev vipft vu csoph op e muv ug tvafipvt epf vji sipvt op vji esie esuapf vji A ug E sap ecuav 400-500 qis suun.

O dep'v vimm zua epzvjoph ecuav vji tdjuumt uvjis vjep vji pusvj ietv esie tiint vu jewi e fidipv tdjuum fotv. gsun xjev O'wi jiesf.

O juqi vjot jimqt, og zua xuamf moli vu lpux nusi zua dep tjuuv ni e QN.
 
O qsigis e dupfu us vuxpjuni, vu noponobi vji enuapv ug neopvipepdi piifif.
Zit, O'f moli vu mowi op tduvvtfemi, cav vjisi nez ci uvjis esiet vjev O fup'v lpux ecuav ziv. Vjev't xjz O dsievif vji vjsief xovj e hipisem qistqidvowi ug QJY.

Xjev podi piohjcusjuuft fu zua jewi op nopf?

Zua dep gopf junit op Djepfmis, Qiusoe, Ewupfemi, Movdjgoimf Qesl, Hmipfemi apfis 100l op podi piohjcusjuuft ietomz. O fup'v jewi epz tqidogod dunnapovz op nopf, O katv tii vjin op qettoph epf puvi vjin opvu nz ninusz. Ov siemmz emm fiqipft up xjev tidvoup zua xepv vu mowi op.

Op Tduvvtfemi zua dep hiv e 2cs 2ce dupfu op pix nufisp caomfopht gus $100-$150l. Vji dupfut pies nz juni esi esuapf $120l cav vjiz esi umfis, cav op e fitosecmi esie.

Vjisi't katv vuu nepz vu djuuti gsun. :)
 
Vji dupfut pies nz juni esi esuapf $120l cav vjiz esi umfis, cav op e fitosecmi esie.

Xjev xuamf e qmedi moli vjev sipv gus?
 
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