By Marty Hope | Calgary Herald
Although the real estate market in the Phoenix, Ariz., area passed its best-before date a couple of years ago, there is still room for Canadians to lay claim to a bargain or two, says an industry watcher.
“It’s far too late for Canadians to capitalize on the bargains that existed in 2009 through 2011,” says Mike Orr, director of the Centre for Real Estate Theory at the W.P. Carey School of Business at Arizona State University.
“However, prices are still going up and likely will continue to do so until a significantly greater supply comes to the market.”
The suggestion is that there is still some wiggle room for buyers looking for a place in the sun.
