Michael Fitzpatrick, who owns the branch of HomeSmart and is the founder of www.phoenixurbanliving.com. The company solely focuses on selling loft, high rise, live/work, row home, historic and modern homes and condos in Phoenix, Tempe and Scottsdale and it's website (www.phoenixurbanliving.com) is the most comprehensive and complete resource for the urban buyer in Phoenix, Tempe and Scottsdale.
ARCHIVED BLOG POSTS
With the amount of urban inquiries we get, Will and I are sometimes taken back by the lack of understanding most buyers have of this type of product. Most people are used to single family homes where "it is what it is". If it looks like and sounds like a duck then it's gotta be a duck right? Well...
The past two years have been nothing short of 'interesting'. The middle of 2009 (June/July/August) saw a surge of buying in the 300K and below segment. This was perceived as deals since the overall price points started to come in line with commonly used rental equations. Thus the cash on cash ret...