Quote:
Originally Posted by ishoot308
That is a very good article that explains what is going on.Thanks for posting it!….As the article states the phoenix area is the epicenter of the collapse followed by the southwest. Won’t be long before more are affected up here…
Dan
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The author also believes that vacation areas will be hit, too, but says the overall decline could be a positive thing as it will open up more buying opportunities in a very thin housing market.
As I mentioned above, I'm all for pulling homes out of investor/STR hands and putting them in the hands of committed owners/families. I think it's clear that that makes for better neighbors and neighborhoods.
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