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Senior Member
Join Date: Jun 2000
Location: N. Phoenix AZ USA
Posts: 28,977
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Quote:
Originally Posted by Rick Lee
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.
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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.
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2021 Subaru Legacy, 2002 Dodge Ram 2500 Cummins (the workhorse), 1992 Jaguar XJ S-3 V-12 VDP (one of only 100 examples made), 1969 Jaguar XJ (been in the family since new), 1985 911 Targa backdated to 1973 RS specs with a 3.6 shoehorned in the back, 1959 Austin Healey Sprite (former SCCA H-Prod), 1995 BMW R1100RSL, 1971 & '72 BMW R75/5 "Toaster," Ural Tourist w/sidecar, 1949 Aeronca Sedan / QB
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