Debi is certainly thousands of times more reasonable to read and react to than say a Keith Brand would be.

As a Realtor myself, yes I was pleased with the extra business that came my direction from investors in the middle of this decade. But I told many that the run up could not be sustained in all likelihood. I always suggested to any investor client to speak with a financial adviser before assuming the risks. Some did, and others did not.

The key to the coming foreclosure market is that primary residents replace rental tenants, even if that means establishing a new market level (and obviously lower) for price.

The markets will recover again no matter how far they may fall. I've always found a way to spend more on my next home since I've been a homeowner throughout the years. I suspect that will happen again the next time I find myself in the market to buy a home.

Great balls of fire, it's only a matter of reasoning.

I'm starting to like Jay Butler. He seemed at little "disengaged" but that suits a professor.

Twist was reasonable.

Lund will get better with experience.

Calie, thanks a lot for your perspective. I get really irritated when there is a sensational spin on things that should be a balanced debate.

I too watched this "interview" over the weekend (and I even took notes). I found their statistic quoting to be a little unnerving - simply because they did so without citing sources. Certainly, people in their positions (industry leaders?) should be very careful before spewing this type of "doom and gloom" over our state. What evidence is there to support Stan Lund's comment about the stability of the Central Phoenix corridor? Where exactly does it say that it will take the r/e industry 1-2 years to rebound? Compared to what?

I questioned the statement made by Jay Butler about now being a good time to buy a house you can afford - I'm sorry is there ever a good time to buy a house that is out-of-your-budget and would force you into foreclosure?

Just my thought.

Jay - Great blog. Falls right in line with what I said about the herd mentality. What's your opinion on that? Gritting my teeth, mmm, eeewww, aaahhh, okay, your forced it out of me...I agree with what Twist said about housing prices at her close. Realistic pricing with return to realistic appreciation is a key factor to a recovery.

Will we see a recession? Time will tell. I hope not, but, reality is its possible.

Debi is certainly thousands of times more reasonable to read and react to than say a Keith Brand would be.

As a Realtor myself, yes I was pleased with the extra business that came my direction from investors in the middle of this decade. But I told many that the run up could not be sustained in all likelihood. I always suggested to any investor client to speak with a financial adviser before assuming the risks. Some did, and others did not.

The key to the coming foreclosure market is that primary residents replace rental tenants, even if that means establishing a new market level (and obviously lower) for price.

The markets will recover again no matter how far they may fall. I've always found a way to spend more on my next home since I've been a homeowner throughout the years. I suspect that will happen again the next time I find myself in the market to buy a home.

Great balls of fire, it's only a matter of reasoning.

I'm starting to like Jay Butler. He seemed at little "disengaged" but that suits a professor.

Twist was reasonable.

Lund will get better with experience.

Calie, thanks a lot for your perspective. I get really irritated when there is a sensational spin on things that should be a balanced debate.

I too watched this "interview" over the weekend (and I even took notes). I found their statistic quoting to be a little unnerving - simply because they did so without citing sources. Certainly, people in their positions (industry leaders?) should be very careful before spewing this type of "doom and gloom" over our state. What evidence is there to support Stan Lund's comment about the stability of the Central Phoenix corridor? Where exactly does it say that it will take the r/e industry 1-2 years to rebound? Compared to what?

I questioned the statement made by Jay Butler about now being a good time to buy a house you can afford - I'm sorry is there ever a good time to buy a house that is out-of-your-budget and would force you into foreclosure?

Just my thought.

Jay, is it really in scary in Phoenix as that video made it sound?

Jay - Great blog. Falls right in line with what I said about the herd mentality. What's your opinion on that? Gritting my teeth, mmm, eeewww, aaahhh, okay, your forced it out of me...I agree with what Twist said about housing prices at her close. Realistic pricing with return to realistic appreciation is a key factor to a recovery.

Will we see a recession? Time will tell. I hope not, but, reality is its possible.