Buyers often ask me:

“What is the market going to be like if I buy a home today?”

Unfortunately, in the short-term my answer has to be, “I don’t know”.

I have never been an agent who recommends short-term purchases, flips or investor remodels, so I have to give my clients my long-term answer.

In the long-term I look the the history of how the market in the Sun City neighborhood has behaved over the last 5 years.

In spite of the price decreases since the 2005 “Bubble” market, the Sun City Neighborhood real estate market has performed well,  with an appreciation rate of 30+% in Zip code 85351 in the 2003-2008 period, and an appreciation rate of 43 % in 85373 over the same time frame. (Source, Arizona Republic, 3/22/2009)

It looks like real estate beats the stock market doesn’t it?

With today’s low prices, plentiful inventory, and hisotrically low interest rates PLUS and $8000 refundable tax credit from the government, isn’t now a great time to buy?

Jim Little, your Sun City REALTOR®