Saturday, May 03, 2008

As Phoenix Goes, So Goes SLC

The local real estate pros keep saying that the worst is over, prosperity is just around the corner, gray skies are gonna clear up, etc. Of course the only way they make money is if people believe that, so such opinions are to be expected. Just remember that less than two years ago, the pros in Phoenix were pooh-poohing those of us who thought the whole mess was a bubble, and if you think the Phoenix market has held value since then, I expect the DEA to come knocking at your door any minute to see what you're using.

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