Need feedback about AZ

[Virginia H.]

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