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Let's take another look at those existing home sales numbers that we brought to the top of the up more than 9% year over year making 2012 the strongest -- -- home sales since 2007.
About of course means I was right when I said that housing is a bright spot.
And still the best investment you can make I don't wanna -- anything from music are you aren't sure these different.
That brings us to let them make this our next guest Tonya -- kill she's with -- investments and she joins us from Phoenix -- welcome.
-- morning you're OK you've got the first of the four houses that we've been teasing our audience with the we showed him -- to us and it was full bedrooms three bathrooms it's in the Phoenix area.
Okay first of all want didn't -- fall back in 2000 and base.
It called for a 178.
Thousand dollars OK Paul the second -- -- yet there it is -- that's that was 180000.
A want did it just sell full.
Dollars I thought I.
Yeah I actually -- 400000.
For the shows how out of touch I -- -- but.
I think that's an unbelievable bargain and the Coulson who was to 89 but it's actually a Holdren 5000 that was the selling price how long ago -- I just last month and the one thing that you have to remember when you're looking for investment staff is this house will rent for 11100 dollars and humid and cap.
We're still Arizona it's still the place to invest.
Time now you've got a house that was in this in a plan to.
-- given the specs on this thing will look at it on the screen while -- So this house is a five bedroom a five back -- 3500.
Square but on almost a quarter of an acre so this is a big house on at big lots.
Watch it would look great way to bring about.
Quarter of and a cut is a big law misuse well for somebody who has a thousand acres in New York -- -- -- now let's -- prices -- -- back in 2005.
Displays -- fall.
Dollars and it just sold fall.
380 not -- now so that's a 109 dollars us.
Where but okay next case Santa Barbara let's let's show the house describe the -- please.
Certain -- this house is actually a three bedroom three bath 2500 sq but home built in 2006.
OK and it just soulful.
Dollars at -- -- -- has been on the market for us.
Because I don't know yes this is the first time -- been on the market the first owner is culprit -- that the -- with square but you can kind of see.
Market her market we're going up a little -- yes we are 350 to his left foot that's that's got back.
Well it's Santa Barbara location because look at our -- maps.
That's -- You know they expect -- as crazy as California is they actually expect growth in Santa Barbara at eight point 2%.
And realize until 2017.
Well coffin being California some of arms of an Nationalists if and that's what you've got a house in New York is it New York City on New York State's -- It is New York City is actually right by the World Trade Center -- and it's really interesting New York actually sold the most residential real estate that it has in quite some time in 2000 while actually in the fourth.
Quarter so in 25 years.
They sold the most real estate that they had and I think people where afraid of the fiscal -- so they were -- What's more interesting.
Is that the price of two and three bedroom homes actually went up.
Where studios one bedrooms and four plus bedrooms went down so that market just kinda went all over the place but two and three bedroom houses went.
OK so your telling us that they -- The debris is real movement in some markets but there are some bargains especially in Phoenix and by the way let's give a shout out to mr.
He was watching the show throughout the day today.
And he guests.
100000 dollars about first Phoenix house which actually -- -- I think 5000 John Mitchell -- -- you accidents stuff.
You almost dead on the button that.
At a -- else to say for is that volume onkyo.
The real estate is still going to be hot 2013.
They're still gonna be bargain you're selling -- -- eurozone.
-- -- about doing something about -- -- there right now you could I don't want you ever want team investments out of Phoenix excellent thank you very much indeed Tony -- -- again why that's at.
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