Arizona isn’t as bad as the other real estate boom and bust states – California, Florida and Nevada. I bet Arizona will be the first of the four to bounce back economically. For example, after the savings and loan bust in the early 1990′s, Arizona’s economy turned around a year or two before California’s.
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Full article from Calculated Risk.
November 20, 2009 by Realtor John Wake
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John Wake
Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.
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