Pelican Parts Forums - Interactive map of the Real Estate meltdown

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Interactive map of the Real Estate meltdown

Interesting. None in my neighbourhood yet...

Great resource, Thom!

Best,

Kurt

Looks like my part of Phoenix is in a LOT worse shape than where I just left in VA. I think there's still more to come in Phoenix, but NoVA has stabilized a bit.

Quote:

Originally Posted by Rick Lee (Post 3867045)

Looks like my part of Phoenix is in a LOT worse shape than where I just left in VA. I think there's still more to come in Phoenix, but NoVA has stabilized a bit.

The "free fall" in my area of Phoenix (North of 101) has stopped. It was losing $10k a month for a long time, then slowed to $6k and is now under $5k, so the reversal has begun.

Bought the house in 2001, and if I sold it today would still walk away with over $100k in profit, so things are not as "doom and gloom" as everyone sees on the television. Course I got a conventional loan at 5.3%, not a flexable one. Guess being old fashioned helps at times.