Beware Arizona new home investments
With an increase of insolvent builders, I advise my Arizona real estate investors to be wary of purchasing new homes for investment purposes.
As the real estate market worsens, don't get risk getting caught with a new home that no longer has a builder to back it when the imperfections surface.
Now is a perfect time for real estate investors to buy an Arizona home that is in an easily rented location such as Gilbert, Ahwatukee, Chandler, and Scottsdale.
There are many Arizona short sales and foreclosures that offer houses for sale below market value.

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