[turbo6bar]

I like jyl's synopsis.

compared to me, motion is a super-genius. He was in the right place at the right time. Phoenix produced many motion's, but I must wonder how many total losers Phoenix is now producing. By loser, I'm thinking, buy half a dozen flip properties and watch your down payment disappear over the next 8 months. The predicted 300% cash-on-cash return has morphed into a -150% return. That's gotta hurt.

pbs, I don't know where you plan to relocate, but I recall seeing a quote from a developer in Naples, FL. I believe his words were something like "the condo market has totally collapsed." FL is going to be in major pain, and the insurance debacle is not helping, either.