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Localism: Local Real Estate Information and Agents

Scottsdale lower end patio homes and single family homes continue to drop in market value!

Homes purchased from December 2004 to January 2006 continue to drop in market value. - 1% per month is the average drop in market value. Great time to buy as you can roll back the clock to early 2004. -- great upside opportunity as the market corrects upward sometime in 2009 or 2010. If you don't have to sell or you don't have a place to make 20% or more from your investment -- don't sell! -- remember - for 50 years the average appreciation of real estate in the USA is 6.8% per year.

This is just another piece of a seven year cycle. -- And remember - interest rates are still at near the lowest rates in the last 25 years also! 

 Invest in real estate and build a fortune! And help your neighbor -- give it out in slices - get it back in Loaves. (Irish proverb) 

 
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Tish Tischer
RE/MAX Excalibur
Scottsdale, AZ

Office Phone: (480) 231-0782

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