Out to Phoenix

Waiting at the airport in Phoenix for my flight home. Haven’t got a chance to do much of anything with regards to looking at financial matters, but noticed that Gold jumped to a jump since Friday. I did see news that oil prices have hit a new high and the dollar has dropped lower again which are usually reasons for Gold to take a jump.

So while here in Phoenix, I’ve been asking the locals (clients that I met) about the economy here and what they thought of the real estate market. Most said it’s a great time to move out here if I was looking to buy a house because foreclosures are rampant here like everywhere else and deals are easily found. Spoke to one long time local who told me of very interesting zoning laws out here regarding having office space that could double as a residential house. These properties are usually corner lots and must have adequate parking (I think he said 8 stalls) and must follow other specific rules that are pretty stringent but understandable. Those who live here love it, and don’t really feel the heat much. (I felt it!) I can’t imagine what it must be like in the middle of summer.

One other interesting thing. As I met with clients out here, I found a strong willingness for many people to give referrals for others who might like our services, even if they were competitors. Also, everyone seemed to know each other, like this was a small town of 200 people. With everyone so willing to share knowledge, it helps everyone move ahead and have a great outlook to their. I haven’t seen it anywhere else yet, but it should definitely be practiced by more industries.