Savvy Investors Know How To Make Money In Up and Down Markets

January 8th, 2009 by admin

Become a savvy investor on your own. In a recent month some 7500 homes were sold in Maricopa County. While that number is certainly way below “boom” months, it’s a factor worth considering and it means that homes ARE being purchased and sold. People are taking advantage of opportunities. And, the same is true of national markets. Homes are being sold. Another point to consider is the old mantra of “location, location, location.” Even here in Arizona, and particularly Maricopa County, there are many neighborhoods where sales are taking place, and home prices have not fallen a great deal year over year. Yes, there are neighborhoods where not much action is being seen, but still some areas are experiencing steady movement. How can you spot these locations? It’s really a page out of Real Estate 101. Spot clean neighborhoods where people are taking to each other; where children walk to school. maybe even with their parents; where there are too many cars parked along cluttered streets or sides of homes; where grass is kept mowed and trimmed; where you’d feel good living. You’ll often find that crime is lower in such locales as well.

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