Transferring to Phoenix- Doesn't want a house.

Tell him to ask George Strait about some of that ocean front property he owns. Might be in his price range

My sister left Scottsdale two years ago. The housing market was so hot, people were offering her over asking price with no inspection. The guy who bought her house allowed them to live in it for a few months, rent free, plus he paid the HOA fees while they were there.

I don't know how it is now, but if its anything like that, good luck to him.

How far does your bro want to drive? The PHX area is nuts for houses but move 45 minutes south or east and it's a different world. Very quiet and cheap. Casa Grande, Coolidge, Maricopa, Superior, etc... Very remote.

But you're looking at an hour or so drive each way.

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Transferring to Phoenix- Doesn't want a house.

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They have overpasses and cardboard boxes in Phoenix.

I mean there are nice trailer parks, doesn’t mean I want to live in one.

My dad was in the military I lived in 17 houses before I graduated HS. It would be stupid to buy a house before moving somewhere imo. Tell him to go rent a place for at least 6 months and then decide.

The best advice it to reinvest that equity into property. He could see a nice return in 10 years. As an investment, an RV might be the absolute worst advice possible.

Your brother should not have accepted the promotion/transfer without understanding the housing market and telling his employer he's not going to downsize his life to move for them without them making a COL adjustment.

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My brother is being transferred from Dallas to Phoenix. Married no kids. Currently owns house in Dallas worth about $400k with about $300k in equity.

He's almost 50 yrs old.

He's fine moving to Phoenix but he doesn't want to take on a big house note nor does he feel like maintenance on a big house.

He's open to condos, but everything near his job(East Tempe/Skyharbor Airport ) is either shitty looking or $$$ for an 800 sq ft condo.

I suggested he just live in an RV park as I hear their really nice ones there. He's amenable to this. He just wants to save as much money as possible right now to retire in 10 years.

I know several posters live in the area. Any suggestions?

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there are a ton of high-rise condos going up downtown right now. lots of places to eat, drink, and parks. and if doesn't want to drive, the light rail would be an option rather than driving. and that is sweet option - the 202 heading back into the city from the east valley is a cluster all day, every day. just don't get too far west or too far south of downtown. the amount of homeless people downtown and in "the zone" is insane compared just just a few years ago.

another option would be south scottsdale/tempe. look north of the 202, west of the 101 and south of camelback. there is some affordable housing in there.

further afield but probably cheaper, look into ahwatukee or chandler. but that will be a bit further drive.

Is your brother an invalid? Let him take care of himself