[MrsChambers]

I know that in my area.. all these people from california have been flooding the area.. they have been buying up houses left and right.. then when they go to sell them.. they are SHOCKED to find that people actually do their research before they buy.. and they find out there house is basicly worth NOTHING because it was built in a FLOOD PLANE... I would look into stuff like that.. flooding and what-not. natural disaster type stuff.

then In PHX.. there is alot of to-do down there because people bought these homes in a nice area, good schools, blah blah blah.. then some years later they find out that they are and have been planning on building an airport out there.. so these people are pissed that they bought these $$$ homes.. and now they will be worthless because of the air traffic they will soon get... So I would look into that also..

I think your best bet is to go down to the city in the area that you are thinking of buying.. and ask the city staff if you are in a flood plane, if there is any building that are in the works of being built close to you... ask if there is any REZONING that the city is considering that you should be aware of.
here, often times.. the real estate agent isn't required to disclose this information... but it's often important information that the potentional home owners need to know..
my advise... RESEARCH for yourself.. don't take anyones word for it... and perhaps.. if you see a home that you are really interested in.. perhaps you could talk to some of the neighbors and get their input.. often times when there is something going wrong in a neighborhood.. the neighbors are more then willing to tell you there woes.

peace