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It has definitely been investors buying the homes in Phoenix, which had one of the worst housing busts. During divorces that I handle we end up selling a lot of homes, and the number of cash investor purchases of those homes has been significant.
they own the govt, they are now making their own military and trying to disarm everyone, why wouldnt they buy all the land/houses?
In Colorado a house lasts maybe 3 weeks on the market. Rents have also gone through the roof. Supply for housing is low and demand is high. My home value is finally back to 2005 levels. Took 9 years. Now they will over build and the market will soften.
I've been watching the Phoenix housing market go way back up the past couple years. (been thinking of relocating to Phx when I am done here) Kinda wished I had pulled the trigger on a house a couple years back.It has definitely been investors buying the homes in Phoenix, which had one of the worst housing busts. During divorces that I handle we end up selling a lot of homes, and the number of cash investor purchases of those homes has been significant.
I've been watching the Phoenix housing market go way back up the past couple years. (been thinking of relocating to Phx when I am done here) Kinda wished I had pulled the trigger on a house a couple years back.