Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Investor Mindset
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

27
Posts
4
Votes
Maddy Lakshmanan
4
Votes |
27
Posts

Is it good to invest in phoenix

Maddy Lakshmanan
Posted

Redfin Instagram handleAs per Redfin and one of Phoenix credit union , phoenix home prices is predicted to plummet in 2023. 

Should I hold my investment plans?

Most Popular Reply

User Stats

66
Posts
36
Votes
Sean Bozigian
  • Realtor
  • Scottsdale, AZ
36
Votes |
66
Posts
Sean Bozigian
  • Realtor
  • Scottsdale, AZ
Replied

@Maddy Lakshmanan Hi Maddy. It really depends on your long term plans and overall strategy for your investments. It's never a bad time to buy if you're picking up properties below market value and/or forcing appreciation. If you plan to buy and hold the play the long game, it can be actually be a very GOOD time to buy, as competition is down and a lot of sellers are feeling a bit uneasy. If you're looking to fix & flip or get into the short term rental game, this current market may present more risk and challenges. Just my two cents. Hope this helps!


Loading replies...