The market is down, but you want to buy property?

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The market is down but that doesn't mean you cant buy. There are few areas that are still strong. Even during this economic crisis, Arizona is a great market to purchase a home or an investment property. The prices are relatively cheap and the market prices is still seeing 7 percent increase a year. You can buy 3 houses in Arizona for the price of 1 in Los Angeles, then rent two out and live in one. Most important for developers is the ease of getting permits to develop on land. The state is eager to expand and is working with developers to reach its goals.

Thanks for watching FirstAmericanTV.com. I'm Joseph Yomtoubian. Check back soon for more real estate news and advice!

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