Be fearful when others are greedy, and be greedy when others are fearful. – Warren Buffet

The main reasons why “we believe in the US market (and particularly Phoenix) is an excellent investment”

Excellent cash flow while holding your investment;

You are buying for a fraction of what it costs to build;

Phoenix has the demand and supporting demographics for real estate appreciation;

The median price per-square-foot is $78.29, down from $190 in 2006 (and $450 in Vancouver);

8,734 sales in August, up 26.5% from August 2010; and

Active listings are declining and the supply of homes priced under $100,000 is falling fast.

….read more HERE