The inventory is huge all over the state of Arizona. This state follows the California trend. REO’s, foreclosures and short sales are plentiful. Real Estate agents are recommending for other listing to offer 30% lower than the sales price. The big issue in Arizona is being able to qualify for a home mortgage, so if you are coming in with cash, the sky is the limit in bargins. Just heard today, folks from Canada who love to vacation in Arizona are coming in looking for great deals.