Phoenix on best investment cities list
A couple of weeks ago Forbes came out with their Best Buy
Cities list of the top cities to invest in real estate for 2014. The
The list was developed by Forbes and Local Market
Monitor, a real estate analysis company and focuses on what they call the
equilibrium home price. This is where
the price would be if you remove distortions like the tremendous market run up
in 2004-2005 and the subsequent crash.
IF the
Simply put, our market still has an upside to it. Many investors have moved away from purchasing here because the margins aren’t ridiculously high like they used to be. But the Forbes list points out that it is still a good market. And that my friends is good news for the average buyer looking for a home for themselves. There is less competition from investors, but you still can get a good investment for your primary residence! You can see full article at the link showing below.