A year and a half ago, I put my ball$ on the line, sold my investments in SoCal and put everything, and I mean everything into the Phoenix market. Its paid off very nicely, as the chart below illustrates. I've been selling off my properties during the past 6 months... 3 homes to go... and now I'm moving into the Albuquerque market.
If we all go over to Alb and start buying up the inventory, we can create the same situation that occurred in Phoenix... you know, rampant investor speculation, flipping, all that. I'm betting another 20% price appreciation in the coming year. So, each $175K house with 20% down - about $35k - should appreciate around the same $35k... VOILA!!! 100% return on investment!!!
Anyone want to come along for the ride?
