This coming weekend I am flying to Phoenix to visit some family and I thought I would take a look around and see if I had any interest in investing in the area. I like to invest in raw ground so that is where my search started. I have been searching for months close to home for a certain criteria and I can't seem to find what I am looking for. Although in my search for property in the Phoenix area I came across exactly what I have been searching for. Needless to say I am pretty excited to start researching the area and see if I can make this property work for my needs. Being from out of state I have less knowledge of the existing market there in Glendale. Thankfully BP is here and I thought I would jump on and ask the folks here how things are looking in Arizona.
Is there a shortage or a large inventory of single family residential lots? On average, just a guestimate, how much are 6,000 s.f. lots selling for and how long are they sitting on the market before being purchased?
I appreciate you taking your time to read this and to hopefully respond with your thoughts. I hope to hear from you and possibly even work with you in the near future.
I accidentally posted this in another section, sorry for double posting, I can't figure out how to delete it so I apologize until I figure it out.