housing prices: The only thing we have to fear is fear itself - 03/05/08 11:16 PM
75 years ago yesterday, on March 4, 1933, President Franklin Delano Roosevelt gave his first inaugural address.  The country was in desperate economic shape – the throes of the Great Depression – and FDR had been elected in a landslide to do something to pick the country back up. 
… (0 comments)

housing prices: Arizona Republic columnist suggests that the housing market may have corrected - 01/18/08 12:15 AM
January 14, 2008
A column this weekend by the Arizona Republic’s Catherine Reagor suggests that the drop in the median Valley home price suggests that the housing market here may have corrected.
The median price of an existing home in Metro Phoenix was $232,000 in December – 11 percent lower … (0 comments)

housing prices: The Phoenix economy's undercurrents remain strong -- solid employment numbers are just another example - 11/28/07 12:20 AM
November 21, 2007
Last Thursday, the Arizona Department of Economic Security released its November employment report, which showed that Arizona hit a record 2,737,500 nonfarm jobs in October.  The unemployment rate in the Phoenix metro area is 3% -- below the statewide average of 3.5% and dramatically lower than the … (1 comments)

housing prices: Q: How do we get back to normal? A: Get rid of that excess supply. - 10/30/07 11:40 PM
October 29, 2007
What to do about all of the unsold homes?
The bottom line, we’re beginning to realize, is that builders and individual home sellers will have to cut prices dramatically in order to clear the excess inventory of unsold homes on the market right now.
The light at the … (3 comments)

 
Real Estate Agent: Bob Stahl (MyPhoenixMLS)
Bob Stahl
Phoenix, AZ
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