North Dakotans Take Oil Money and Buy Homes in Arizona

With the oil boom in North Dakota in full swing we are seeing more and more people from that state buying homes down here in Arizona.  And why not?  This time of year in North Dakota you are lucky to get temperatures in the positive single digits.  Today I went on a refreshing 8 mile bike ride in shorts and a tshirt, and my kids are at the park in their flipflops playing with the dog.

That’s, obviously, not the only reason.  Real estate prices in North Dakota are peaking right now with oil companies buying up everything in sight.  While pricing in the Valley of the Sun continues to scrape the bottom.  In a recent USA Today article they had this to say:

The weather and bargain prices are drawing many more North Dakotans now because small towns are overrun with oilfield workers sleeping in cars, motels or “man camps,” compounds of modular, temporary housing for predominantly male oil workers.

What I say is, welcome!  Get out of the cold for a while and come down here to bask in the sunshine.  With median home prices down 55% from their peak, there is no better time to buy that second home in Arizona.  Bring that oil money, buy an affordable home, play some golf and have a blast!  All you need to do to take advantage of this great opportunity is call Patrick Jorgensen today.  I’ll help you find that perfect vacation home.  By the way…  That’s my backyard in January…

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