Financing urban properties in Phoenix.

Current economic conditions have created a more diligent and healthier lending environment which will add stability in the housing market. The days of poor credit, no documentation and zero funds down are gone (and good ridden's). Today buyers need to work with both their real estate professional and their lending professional to make the best and most informed decisions when purchasing real estate. This puts the focus back on the industry professionals and will cause attrition in the real estate and financial industry to the benefit of the buyer. In the long run, it's much better for the health of the economy and for the buyer and sellers. M.