28% of Phoenix home buyers this last month were from out of state…

The Monday Morning Report
By RL Brown Reports – May 10th, 2010

According to RL Brown, 28% of new home buyers this last month were from out of state… The metro Phoenix housing market has long been attractive to out of state buyers, both as second homes, new primary residences, and as investment properties. 28% of the new home buyers last month came from out of state, while 27% of the resale home buyers were from out of state.

These numbers prove the importance of out of state buyers to our Phoenix housing market and also give insight into the broad scope of the attractiveness of this area to others.