Bargain Homes in Paradise Valley Arizona
By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
"Buy the Cheapest or LEAST expensive home in the MOST expensive place" in Arizona(Paradise Valley next door to Scottsdale) is the old real estate investment adage, seconded by "Buy LOW Sell HIGH". Prices are rising, in July homes reached the highest median price in the Phoenix metro area at $404,000. Yet mortgage rates are at near record lows of near or below 3%. Have you thought about buying the least expensive homes for sale in Paradise Valley (not cheapest) in the $1-2 million range in Arizona's most expensive place to buy a home? Most home prices in PV are in excess of $2 million. A Paradise Valley Home, typically 1+ acre between Scottsdale and Phoenix are usually well in excess of $1 Million. Buy the Least Expensive home in the Most Expensive city is the old real estate investmen...
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