Months ago I told you all that the housing market was unlike the stock market in that in stocks, gains and losses are realized in a day or a week. Housing is like the dawn forcing the darkness to retreat. Slowly but surely homes are being sold. Foreclosures and short sales are getting gobbled up by deal hungry investors.

Once the foreclosures and short sales are absorbed which I think is going to be another good full year to eighteen months of great home shopping to be had in Arizona, the rates are at Historic lows and inventory is terrific. Once all those deals get eaten up guess whats left? Your house and Mine! Investors ever since investing was invented have tried to time the market to capitalize on a bull minded sellers market. The time to buy is now, hold them for a few years and then sell at the next peak! Sounds easy right?

Then why is everyone standing around scratching their heads wondering where the next hot market will spring up!? The answer is easy, do not over buy. House rich and cash poor is a recipe for disaster. Get a home you like and enjoy and can afford and keep it for as long as you want. Do not succumb to any high pressure sales techniques, the right house for you is out there and it is looking for you too.