Snowbird Season is Just Around the Corner!
Everybody has their favorite time of year. For some it’s summer. For some winter. For others it’s a certain holiday (my wife’s favorite is Halloween for some reason). For me it’s Snowbird Season! Now I know what you’re thinking, it’s 110 degrees outside, what are you doing thinking about Snowbird Season? The kids are back in school. Football season is starting (thank god). The pennant races are heating up in baseball (go D’backs!). I don’t know what it is but at this time of year, for the past 13 years of my career, I start preparing for our winter visitors. All those people itching to get out of the cold and enjoy our wonderful Phoenix winters are on their way, and they need a place to stay.
Now, perhaps more than ever, is the best time to buy that second home in sunny Arizona! Prices are at 20th century levels and mortgage rates are at historic lows. According to Zillow, the median home price in the Phoenix area was $98,900 in June of this year. With a 10% down payment you can have a mortgage payment on your vacation home of less than $600! Where else in the country can you enjoy 8 months of wonderful weather, no natural disasters, 4 major sports franchises, hundreds of golf courses, a low cost of living, the lowest gas prices in the country and easy access to a major international airport for less than $600 a month? Are you beginning to notice why this is the best market to own your second home in?
So pack up the sunscreen. Put on your shorts and flip-flops. Grab your golf clubs. Find a professional who knows the market (shameless plug). And get down here a little early this year. This looks like it’s going to be a banner year. Wait… can you hear it? It’s coming… It’s the most wonderful time of the year!



