Contact Us: #210, 200 Quarry Park Blvd. SE | Calgary Alberta T2C 5E3
Contact Us: #210, 200 Quarry Park Blvd. SE | Calgary Alberta T2C 5E3
While home prices in most major U.S. cities have been dropping in the past six months, prices in Phoenix have been rising. This increase in home prices is another indicator that this is the last chance for potential investors to get involved in Phoenix real estate investment funds, as most Arizona real estate investment companies close their doors to new investors once housing prices begin to increase.
The Greater Phoenix area real estate market continues to improve, despite the decrease in sales in the Phoenix real estate market. We’ve got all the information you need to help you understand the current market trends in the Phoenix area.
Business Development Manager for Capstone Real Estate, Ryan Hittel, has announced the next date for their complimentary investment seminar. The webinar will be hosted by Hittel, and will provide information for potential investors on current Phoenix real estate investments, and how they can become involved with these investment opportunities. Hittel will also be discussing Saguaro Series 2, an RRSP eligible investment fund provided by Capstone Real Estate. The investment webinar will be hosted on Thursday, May 3 from 12:00 p.m. to 12:30 p.m. (MST), via GoToMeeting (link provided below).
Investing can be confusing, and trying to determine the benefits between different types of investments can be even more daunting. When people think of investments, the stock market is usually the first thing that comes to mind. We may be a little biased, but we really do believe that investing in real estate is a great stock market alternative. When you invest in real estate, you’re buying physical property; purchasing shares of a stock buys you a small percentage of a company.
The Phoenix Real Estate market has shown signs of steady improvement over the past few months, which has caused Phoenix’s housing inventory to shrink. In 2008, there were 58,000 homes on the market, which at average sale rates would be enough for a nineteen-month supply. Currently, there are only 16,000 homes on the market not under contract, which represent just a two-month supply.
Real estate investments can be tricky. They require comprehensive knowledge of the current market trends in an area, an understanding of how to successfully buy and sell property, and a lot of trust in your investment company. We at Capstone provide our potential and current investors with the information and knowledge needed to make confident and sound decisions with their investment dollars.
Phoenix was one of the first markets to crash when the real estate bubble burst. It’s also one of the first markets to show signs of an economic recovery. The improvement has been slow, but it is increasingly moving in a positive direction. This is good news for the market, but also means that there is minimal time available for potential investors to start investing in Arizona.
With stock markets going up or going down on a daily basis, Canadian investors are starting to seek real assets, real returns by diversifying their portfolios and investing in Phoenix real estate.
Albertans are investing the most says Tom Ruff, market researcher for The Information Market.
Demand for homes on the rise
There’s quite the demand for homes between $50,000 and $150,000 in the Greater Phoenix area according to the Cromford Report
This market “continues to be particularly strong as investors, many from out of state, seize the profitable opportunity of becoming landlords. Demand from owner occupiers remains relatively weak due to the difficult financing climate,” stated the report.
Many investors are missing exempt market products from their portfolios. Well balanced, risk sensitive exempt market investments allow investors to enhance their existing stock/bond portfolios and an opportunity to enhance returns.
