Can the Phoenix Real Estate Market Recovery Sustain Itself?

There have been a pair of articles of note of late, spelling doom for the national real estate housing market. The first comes from SeekingAlpha, where the downturn in existing home salesĀ as reported by NAR has the author believing the bull market of the past year-plus is going to stall. I’m hard pressed to disagree, […]

Accepting the New Old Normal as Normal

I found myself banging my head against the steering wheel the other day while listening to ESPN Radio. There’s always the internal debate of whether the sports talk radio hosts really believe what they’re saying or are just trying to fill air time – I often hope for the latter – but the sheer stupidity […]

We’re Forever Blowing (Real Estate) Bubbles in Phoenix

My good friend John Wake over at the Arizona Real Estate Notebook wrote a few days ago that the esteemed Robert Shiller (as in Case-Shiller, as in the Case-Shiller index which tracks home values in multiple metropolitan real estate markets) has said a bubble may be forming in Phoenix, Florida and other locales. Mr. Shiller […]