Why did I buy 2 houses this weekend in Phoenix?

Hi all!

Just got back from a (hot) weekend in Phoenix, AZ!

Bought 2 houses in the East Valley- Chandler and Mesa and those are the reasons:

1. Paypal is hiring 2000 new employees in Chandler.

http://www.azfamily.com/news/local/PayPal-hiring-employees-for-new-Chandler-facility-116764529.html

2. Intel is bulding a $5 billion sate-of-the-art new FAB in Chandler which will create thousands of jobs in the area!http://newsroom.intel.com/community/intel_newsroom/blog/2011/02/18/intel-to-invest-more-than-5-billion-to-build-new-factory-in-arizona

Inventory is scarce in the East Valley (Chandler, Gilbert , Mesa, Queen Creek) right now and prices are climbing up rapidly. Prices are around $115k-$150k, rents $1000 per month and up.

I expect both rents and prices to keep climbing up.

I'm not wasting time by sitting and waiting till it's too late...Are you????

Contact me if you are ready to act!

Next presentation, Sunday September 18th at 7pm in Cupertino, CA- save the date!

Naomi.

naomiesal@gmail.com