1. Interest rates are still below 5%
2. Motivated sellers, banks and lenders are anxious to get rid of all their excess inventory.
3. Unbelievable prices, most disstressed properties are selling for between 10% to 40% below market value.
Combine all these factors and it is easy too see why investors are buying thousands of homes in Arizona. For the most part these homes are way below the cost of replacement, which makes buying a home now an excellent investment.