No Picture
Contractor House

Arizona Real Estate Investors Can Really Thrive In A Down Economy

Two things are historically true when it comes to investment dollars floating around the Arizona real estate market. In the best of times, investors move full force onto the real estate bandwagon – most recently writing loans for everything from subdivisions way in the outskirts of Phoenix, to very attractive urban condos in Downtown Phoenix, Tempe, and Scottsdale. In the hardest of times, investors also gravitate toward real estate, hunting for bargain buys on foreclosed homes and commercial properties as they leverage off continued population growth to help Arizona’s economy rebound.
Stan Barnes, CEO of Copper State Consulting in Phoenix and a former state lawmaker, said those with established money in the Valley still feel much more comfortable investing in real estate developments – even after market falls apart like the current one – rather than taking chances on risky start-up companies or unproven entrepreneurs. Traditionally, property prices have always …