You’ve Got To Be Kidding Me

Some people still want to be told that housing market is just peachy. Like this guy in Phoenix. This is exactly the type of person who would hire a broker who says (in a sinister voice), “The market is sizzling. What bubble? Your home is worth ONE BILLION DOLLARS! Ah ha ha ha ha!”
Wake up sir! The press does tend to create mass hysteria, but it is true that markets nationwide, including yours in Phoenix, are experiencing a significant cooling period. By the way, I love Phoenix. If it had an ocean, I’d move there myself! Perhaps it will have an ocean soon if we don’t do something about global warming but that’s an entirely different topic.