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Old 04-04-2009, 20:20   #23
Texas T
CLM Number 23
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Join Date: Jan 2000
Location: W7YBY
Posts: 12,095


Wound up with a place in Johnson Ranch. Maricopa was WAAAY too far out for us, and even Johnson Ranch is going to be a long haul into Chandler, but this will give us a chance to see what traffic patterns are like before we make a purchase.

I was amazed at some of the prices though. If you had a lot of spare cash you can really make some good long term investments right now.

We looked at one place that will be going up for auction in a couple of weeks. Opening bid was only $50K but it will probably wind up going for about $350K or so. It was 5200 sq ft with 5 bdrms. If you could snag that for $250K and hang onto to it for a few years it would bring a good ROI.
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