Phoenix AZ Urban

February 2, 2010

Downtown Phoenix Properties

Downtown Phoenix residential properties are a good buy today.  But it’s not surprising that you might be a bit nervous about buying a property right now even if it is in Downtown Phoenix.  As you probably know, Downtown Phoenix has been in revitalization mode for the last number of years until the economic crash stalled almost everything.  The good thing is that the real estate bubble burst has reduced prices back to something that regular folk can afford.  There are many one and 2 bedroom condos priced under $100k that are within walking distance to a light rail stop and there are some very nice Phoenix Historic Homeswhose prices have come back down into the low $200k.  Most of these prices are around 50% less then they were 2 and 3 years ago but as they say, “that was then, this is now.”  Home prices from 2 and 3 years ago have no baring on the value today.  Seller’s hate to hear that but facts are facts.  So what do you do now?  Call me to see if there is a property out there that meets your needs and rest assured that you are getting a Native Phoenician that specializes in Downtown and Central Phoenix and really understands the market and the neighborhoods.

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