Wife and I have toyed with the idea of a home in Arizona, but the housing market there is insane. Houses in the range of interest to us get snapped up within a day or so at double the price they went for a few years ago.. Wife says the low interest rates and people getting out of Calif are to blame.
Homes were being sold so fast, we bought remotely, over the phone...Never thought I'd do that, but we had traveled from CA to AZ on several reconnaissance missions to the area that interested us. And this was 1 year prior to the China virus. We now see the only home in our area that just went up for sale, now shows "Pending" after being listed for 3 days! In fact our realtor and personal friend in CA who helped us sell there, now wants to buy a duplex or small apartment building in our area and he even remarked how the RE here has been steadily ticking up.