Bristol Palin Purchases a Bargain House in Arizona, But Why?

Will 2011 be even hotter for Bristol Palin than this year was? Putting her 'Dancing with the Stars' earnings to good use, the young mom recently made a real-estate investment in a sunny climate far from mom Sarah Palin's beloved Alaska.

Mike Smith has confirmed to E! that about a month ago, Bristol purchased his former property in Maricopa, Ariz., approximately 35 miles south of Phoenix -- a region hard hit by the financial recession (ABC's 'Nightline' has called Maricopa the "poster child of the housing crisis"). Public records show the five-bedroom home was originally built in 2006 and sold for $329,560. It went into foreclosure in January, with the most recent owners snapping it up for $137,200; it was then fixed up and flipped back onto the market for resale.

Enter Bristol. The 20-year-old 'DWTS' finalist reportedly paid $172,000 -- in cash -- for the large house. Cynthia Smith says, "It's a nice family home with a big backyard and patio. It's in a great neighborhood....I think [she] will really like it there."

But why would Bristol Palin move to, of all places, a suburb in Arizona?

However, TMZ speculates that she aspires to a TV broadcasting career and intends to study at the Walter Cronkite School of Journalism and Mass Communication, located at Arizona State University -- the same school that refused to give commencement speaker Barack Obama an honorary degree, insisting that the 44th President of the United State's accomplishments weren't sufficient to justify the honor.

A more intriguing theory: Political blog Wonkette believes the single mom may be trying to lay the groundwork in order to someday run for office. Consider that Maricopa will soon belong to a newly created congressional district, "thanks to the new census," and it's not all that far-fetched; after all, GOP newcomer Ben Quayle, former vice president Dan Quayle's son, won his first campaign for Congress last month, representing a district just north of Phoenix.

For all we know, Bristol Palin simply aspires to be a real-estate mogul and has pinpointed good opportunities in an off-the-radar community. Surely we won't have too long to wait until Sarah Palin speaks out with her own take on the latest news about her daughter.

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