Obviously Phoenix is a hot market. When you’re running numbers on a property using the BP calculators (or any others) what do you estimate for annual property value increase? BP’s default is 2% I believe.
@Jon Sutton it is tough to use any calculator to figure out market movement.
This is like a Sailor watching the water and the winds. The weatherman can only tell em so much!
just watch market times and prices. Make sure you look at what is moving and what areas. You will get a knack for it.
This is just my opinion, maybe others have great luck with software.
Some area's within 30 miles of downtown Phoenix have gone up $30 K in the past 90-120 days.
With almost 320 more people moving here versus leaving it is one of the hottest markets we
have seen. The economy is great and our state has stayed open during this FLU!