Are you earning 26% return on your investment dollars?
Arizona’s real estate market is just in infancy from a national standpoint. While the metro Phoenix market experienced the #1 appreciation rate at just under 50% through the 3rd quarter of 2005, experts predict a slow but steady appreciation over the next 2 to 4 years. While certain segments have experienced a slowing trend, economic indicators fueled by big box retailers and new home builders predict a steady growth with more modest appreciation for 2006.
Despite this rapid appreciation affordability in the greater Phoenix market has continued to hold a top 5 position with a median home price well below those other major evolving metropolitan markets such as San Diego, San Francisco, and Atlanta to name a few.
While some markets have felt a slow down due to normal cooling trends and a raise in interest rates, there still exists many opportunities in the metro Phoenix area Real Estate Investment market.
For a latest prospectus on Rio Verde Homes and Land Click HERE (Link to the .PDF)
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