Boomerang Buyers – Phoenix Area is in the top 2 areas to Buy
After so many lost their homes to foreclosure and short sales in the region they are now poised to be enter the market to buy homes again because their waiting periods are ending for loan approval. Phoenix is one of the top 2 regions in the country for this market. This makes sense because during the great recession about 75% of all home sales were either foreclosures or short sales and these sellers have been paying the Landlord’s mortgage for about 5 to 7 years now. Great news for all of us.