This new list from the Wall Street Journal Online proves all the news is not bad by any means.
Markets fluctuate. That is what is happening now.
As we’ve said many times before real estate is a local market and a local business. Look at it locally.
But one of the surprising markets that made this new list is [tag-self]Phoenix[/tag-self]. Supposed to be on the skids, right?
Wrong. At least it seems to be on its way to recovery.
However, here’s the warning as you do your [tag-tec]due diligence[/tag-tec].
Watch the market neighborhood by neighborhood because it can vary a lot. As the Journal points out some [tag-ice]Phoenix[/tag-ice] neighborhoods remain a buyer’s market, where buyers are determining the prices while others are not.
So the key here is flexibility.