Quote:
Originally Posted by vailpass
That’s a big part, definitely. Also, the Phoenix housing market has been a prime spot for investor-buyers from Canada and other places for years, and we’re a destination market for Californians who sell big then move out of state. In both cases they are mainly cash buyers.
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I can see why Phoenix would be a destination for people from California. Still close to there without the outrageous cost of living. What does fascinate me is with so many people leaving, who is overpaying for homes in California? Where are they coming from?