Phoenix, AZ (PRWEB) November 30, 2012
Following recent data presented by Market Watch, Desert Property Investor stated on their website that for individuals buying investment property, Phoenix may be their current "best bet." The editor of Desert Property Investor reached this decision after reading a a case-by-case composite analysis of 20 cities nationwide, in which Phoenix ranked first, showing gains of 20.4 per cent in home prices, over the previous year. Desert Property Investor further surmised that it may be the demand for Arizona vacation rental homes (in particular, Phoenix Arizona vacation rentals) that made Phoenix the clear winner among 20 cities in the S & P/Case Schiller scan of home price growth.
Market Watch recently presented a case-by-case composite breakdown of 20 cities nationwide, showing how home prices in 2012 compared to the previous year. The definitive front runner in this regard was Phoenix, showing a 20.4 per cent gain in home prices over the previous year -- number one in the nation.
Desert Property Investor endorsed the S & P/Case Schiller city-by-city composite of home price growth, which showed Phoenix in the number one slot and was indicative of a regional housing sector rebound in which Arizona continues to "lead the way."
About Desert Property Investor:
Desert Property Investor evaluates opportunities, pitfalls, services, and legislation related to the investment in residential property in the California, Arizona and Nevada deserts.