Just came across this article that talks about Scottsdale, AZ, but if you read through it, it can be applied to Arizona real estate in general. So what we have here is that the economy is moving slowly, but the retirees and seniors have money to buy homes in retirement communities that redefine them; they’re creating new properties right now that wouldn’t fly for the single family market. I’m real interested and curious to find if these retirement communities will fare as well as expected even in the recession.

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