Comments on: Psst! There's a Real Estate Boom (Yes, a Boom) in Phoenix, Arizona

By: roxi618

roxi618 — Tue, 26 May 2009 22:36:53 +0000

How ironic is that? A real estate boom in the number one state where identity theft is running rampant!!!

By: inflationnation2009

inflationnation2009 — Mon, 25 May 2009 04:18:49 +0000

I've been watching the supply of homes for sale in PHX and other markets plummet on ListingSupply.com, and I've been waiting to see news like this. I still think we have at least a few more months until prices level off in PHX, but at least this is a start, right?

By: Kalel

Kalel — Mon, 25 May 2009 02:04:06 +0000

I can tell you that Phoenix is growing like a 1950s movie monster. It already ate my former home of Apache Junction, and threatens the West Coast if we don't call in the Army NOW!

By: Vonskippy

Vonskippy — Sun, 24 May 2009 21:52:55 +0000

Nothing like the rich taking advantage of the down trodden to warm your heart substitute. I'm sure those former owners now renters will take REALLY good care of the property.

By: Skipweasel

Skipweasel — Sun, 24 May 2009 21:19:55 +0000

Well, that's supply and demand for you. A ready supply of customers looking for somewhere to live, and a whole heap of houses which didn't go away just 'cos no one could afford them. It was fairly inevitable that either you bulldoze them, or their value falls sufficiently to allow people to afford them again - either rental or purchased.