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Updated over 9 years ago on . Most recent reply
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Need feeback about AZ MHP
My friend told me:
First, with AZ properties, there are RV, mobile, etc., and all of these types are very, very cyclical. For instance, some areas are having a mini boom. BUT there's still a ton of inventory, and when the market crashes, it crashes hard. Phoenix is another area. It's always suspect when there's such a huge potential to keep building outward.
Any comments helpful as I figure my way around this.
Trying to understand the economic factors in AZ.
Thanks,
Virginia