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	<title>Comments on: Condos are Going NUTS!</title>
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	<description>Phoenix Real Estate -- Anything and everything about it.  Plus random musings... Now with Phoenix area MLS Listings Search!</description>
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		<title>By: Will Daly</title>
		<link>http://www.phoenixrealestateguy.com/condos-are-going-nuts/#comment-23730</link>
		<dc:creator>Will Daly</dc:creator>
		<pubDate>Tue, 22 Jan 2008 06:37:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.buygilberthomes.com/?p=24#comment-23730</guid>
		<description>It&#039;s funny seeing this post from I would guess mid to late 2005.  I&#039;ve been selling condo conversions since May 2006 and it&#039;s been a TOUGH market.  Fortunately, things seem to be picking up a bit now.  The loft and high rise condo market seems to be recovering as well.  Here&#039;s to a great 2008.  W</description>
		<content:encoded><![CDATA[<p>It&#8217;s funny seeing this post from I would guess mid to late 2005.  I&#8217;ve been selling condo conversions since May 2006 and it&#8217;s been a TOUGH market.  Fortunately, things seem to be picking up a bit now.  The loft and high rise condo market seems to be recovering as well.  Here&#8217;s to a great 2008.  W</p>
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		<title>By: On Chicken Little, Booming &#38; Crashing, Insanity and Herd-minded Snakes at The Phoenix Real Estate Guy</title>
		<link>http://www.phoenixrealestateguy.com/condos-are-going-nuts/#comment-11190</link>
		<dc:creator>On Chicken Little, Booming &#38; Crashing, Insanity and Herd-minded Snakes at The Phoenix Real Estate Guy</dc:creator>
		<pubDate>Thu, 26 Oct 2006 05:56:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.buygilberthomes.com/?p=24#comment-11190</guid>
		<description>[...] “If people like Lereah can use the term “Boom” to describe rapid appreciation, the public and media types should be able to use the word “crash” to describe rapid depreciation or pending doom.” Sure they can. I don’t use the term “Boom”. I’ve used the term “insane” and “nuts “. I don’t believe a 10% drop in appreciation following a 50 - 60% gain is “rapid depreciation”. It’s a correction in my book. The opposite of “insane” is “sane”. And I think we are in a far more sane market than we were. But if someone wants to use the term “Boom” then yes, they are certainly entitled to use “crash”. But if they are going to use boom and crash, then they need to be prepared to argue constructively with people like me that prefer insane and sane, or nuts and normal.  “But, I don’t expect the mostly uneducated, lazy, colossally greedy and herd-minded snakes that constitute real estate agents in the greater Phoenix area to understand the finer points of representation, psychology, language and perspective.” Hmmm, I could almost take that as a personal attack. But given that on this very blog I’ve lamented about some really lousy agents, I’ll get over it. If I might defend myself just a tad though… “Uneducated”? I was Valedictorian of my college class. Graduated Summa Cum Laude. I don’t have a Master’s, but I did take some grad school courses, where I continued my 4.0 GPA. “Lazy”? Hardly (well, except when it comes to updating my site sometimes.) Very few lazy people will work full time, take part time consulting jobs, sit on their HOA Board of Directors, volunteer in the community, serve on their town’s Human Relation Commission, and drive their teenagers all over creation. “Colossally greedy”? Not this agent. While I do enjoy premium beer, and I must have TiVo, I live in a modest home in suburbia and don’t drive a Cadilac. Most of my money goes to feed a 15 year old boy that can eat a half pound of bacon and eight scrambled eggs — and that’s just for breakfast. “Herd-minded snakes”? I don’t think so. I believe much of what I post right here flies in the face of what many in the real estate industry think and do. Besides, snakes are solitary creatures, they don’t hang out in herds. [...]</description>
		<content:encoded><![CDATA[<p>[...] “If people like Lereah can use the term “Boom” to describe rapid appreciation, the public and media types should be able to use the word “crash” to describe rapid depreciation or pending doom.” Sure they can. I don’t use the term “Boom”. I’ve used the term “insane” and “nuts “. I don’t believe a 10% drop in appreciation following a 50 &#8211; 60% gain is “rapid depreciation”. It’s a correction in my book. The opposite of “insane” is “sane”. And I think we are in a far more sane market than we were. But if someone wants to use the term “Boom” then yes, they are certainly entitled to use “crash”. But if they are going to use boom and crash, then they need to be prepared to argue constructively with people like me that prefer insane and sane, or nuts and normal.  “But, I don’t expect the mostly uneducated, lazy, colossally greedy and herd-minded snakes that constitute real estate agents in the greater Phoenix area to understand the finer points of representation, psychology, language and perspective.” Hmmm, I could almost take that as a personal attack. But given that on this very blog I’ve lamented about some really lousy agents, I’ll get over it. If I might defend myself just a tad though… “Uneducated”? I was Valedictorian of my college class. Graduated Summa Cum Laude. I don’t have a Master’s, but I did take some grad school courses, where I continued my 4.0 GPA. “Lazy”? Hardly (well, except when it comes to updating my site sometimes.) Very few lazy people will work full time, take part time consulting jobs, sit on their HOA Board of Directors, volunteer in the community, serve on their town’s Human Relation Commission, and drive their teenagers all over creation. “Colossally greedy”? Not this agent. While I do enjoy premium beer, and I must have TiVo, I live in a modest home in suburbia and don’t drive a Cadilac. Most of my money goes to feed a 15 year old boy that can eat a half pound of bacon and eight scrambled eggs — and that’s just for breakfast. “Herd-minded snakes”? I don’t think so. I believe much of what I post right here flies in the face of what many in the real estate industry think and do. Besides, snakes are solitary creatures, they don’t hang out in herds. [...]</p>
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