{"id":114,"date":"2006-07-21T00:45:44","date_gmt":"2006-07-21T07:45:44","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=114"},"modified":"2007-07-22T13:34:01","modified_gmt":"2007-07-22T20:34:01","slug":"21-reasons-to-bank-on-the-phoenix-real-estate-market","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/114\/21-reasons-to-bank-on-the-phoenix-real-estate-market\/","title":{"rendered":"21 reasons to bank on the Phoenix real estate market . . ."},"content":{"rendered":"<p><a href=\"http:\/\/housingpanic.blogspot.com\/2006\/07\/housingpanic-stupid-question-of-day_21.html\" target=\"_blank\">HousingPanic<\/a>, a particularly vitriolic BubbleBlog &#8212; which is saying something &#8212; asks:<\/p>\n<blockquote><p>Realistically, how overvalued are Phoenix home prices?<\/p><\/blockquote>\n<p>Obviously, I consider this a profoundly silly question, but to lurk among the BubbleBloggers and their seething commentariat is to acquire an education in a slice of America invisible from this side of the sewer gratings. Notwithstanding the idiotic economic analysis, which is really no worse than the static-market fallacies paraded as profundities in the pages of the <i>Arizona Republic<\/i>, these sites &#8212; and not just HousingPanic &#8212; are infested with a cult-like fever to inflict suffering &#8212; at second hand, to be sure &#8212; on people who are in fact guilty of nothing except failing to have drunk the BubbleBlogger KoolAde.<\/p>\n<p>That&#8217;s all one. I don&#8217;t care. The whole of the last century was dominated by the bad behavior of viciously angry wretches, but look where it got them. The BubbleBloggers will someday bawl balefully in private, but they will never, ever admit that they have been very publicly very foolish. You will know and I will know and in the secret chambers of their hearts they will know they were wrong all along. But as long as you don&#8217;t hold your breath waiting for that contrite admission of error, you should be fine.<\/p>\n<p>Here&#8217;s where I do start to care. Whenever the subject of Phoenix comes up in a BubbleBlog, the assembled Brown Shirts pile on, for whatever reason. This is their perfect right &#8212; even though I think they&#8217;re wrong. I love this place. I came here for three months in 1988, and I could not wait to get back. The first time I set foot here, on March 13, 1988, I knew I was home. We moved here for good on April 1, 1991, and I cannot imagine living happily anywhere else. <a href=\"http:\/\/www.bloodhoundrealty.com\/relocation.php\" target=\"_blank\">Our relocation page is my extended love letter to the Phoenix area, warts and all<\/a>. I&#8217;ve been writing lovingly about this place since the day I got here, and I&#8217;ll keep it up at least until the day before I die here.<\/p>\n<p>Which brings me back to HousingPanic&#8217;s question. <a href=\"http:\/\/www.bloodhoundrealty.com\/MarketBasket.pdf\" target=\"_blank\">We keep <\/a><a href=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/114\/21-reasons-to-bank-on-the-phoenix-real-estate-market\/#more-114\" class=\"more-link\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HousingPanic, a particularly vitriolic BubbleBlog &#8212; which is saying something &#8212; asks: Realistically, how overvalued are Phoenix home prices? Obviously, I consider this a profoundly silly question, but to lurk among the BubbleBloggers and their seething commentariat is to acquire an education in a slice of America invisible from this side of the sewer gratings. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,7,5],"tags":[],"class_list":{"0":"post-114","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-blogging","7":"category-enduring-interest","8":"category-real-estate","10":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":688,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/688\/furious-fusillades-of-blistering-bubblehead-flatulence-foghorn-leghorn-declares-war\/","url_meta":{"origin":114,"position":0},"title":"Furious fusillades of blistering BubbleHead flatulence: Foghorn Leghorn declares &#8220;WAR!&#8221;","author":"Greg Swann","date":"November 26, 2006","format":false,"excerpt":"Well. That was even more lame than I expected. Foghorn Leghorn--er, Keith at HousingPanic has declared war by commanding his troops to... read. And to read BloodhoundBlog of all things! Yeah, that'll work... The specific marching orders are pretty stupid, but that's hardly a surprise. The troops are supposed to\u2026","rel":"","context":"In &quot;Blogging&quot;","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":198,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/198\/the-world-is-larger-than-you-think-it-is\/","url_meta":{"origin":114,"position":1},"title":"The world is larger than you think it is . . .","author":"Greg Swann","date":"August 11, 2006","format":false,"excerpt":"I had mail yesterday morning from \"keith\", who is Lord of the Flies at HousingPanic. This is the first chance I've had to deal with it, and I might just as well ignore it. But there are issues that I think are worth addressing in a metablogical kind of way,\u2026","rel":"","context":"In &quot;Blogging&quot;","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":682,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/682\/keith-at-housing-panic-is-for-sale\/","url_meta":{"origin":114,"position":2},"title":"Keith at Housing Panic is for sale . . .","author":"Greg Swann","date":"November 25, 2006","format":false,"excerpt":"Who didn't know? Here is Keith from Housing Panic volunteering to \"go easy on me\", to \"pull his punches\" -- essentially to \"take a dive\". Why? Because he can't bear up to the ridicule his ridiculous behavior incites. Responding to this post, days late, Keith sent me this email (click\u2026","rel":"","context":"In &quot;Blogging&quot;","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2808,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2808\/housing-panic-almost-got-it-right-how-to-overcome-commodization-by-employing-the-dollarization-discipline\/","url_meta":{"origin":114,"position":3},"title":"HousingPanic ALMOST Got It Right:  How To Overcome Commodization By Employing The Dollarization Discipline","author":"Brian Brady","date":"March 20, 2008","format":false,"excerpt":"Housing Panic (housingpanic.blogspot.com) ALMOST got this one right. I frequent Activerain.com; I cut my blogging teeth there and have made many friends and business connections through Activerain.com. Though I criticize the site frequently, I criticize it because I love the sense of community there and want it to thrive. New\u2026","rel":"","context":"In &quot;Disintermediation&quot;","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1447,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1447\/where-is-the-epicenter-of-real-estate-weblogging\/","url_meta":{"origin":114,"position":4},"title":"Where is the epicenter of real estate weblogging?","author":"Greg Swann","date":"May 18, 2007","format":false,"excerpt":"Arizona, of course. Want proof? Jay Thompson, The Phoenix Real Estate Guy really is the phoenix real estate guy. I'm getting him in sixth place in Google organic results for that keyword, with nowhere to go but up. John L. Wake at Arizona Real Estate Notebook takes us through the\u2026","rel":"","context":"In &quot;Blogging&quot;","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":352,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/352\/howling-about-real-estate-on-the-radio\/","url_meta":{"origin":114,"position":5},"title":"Howling about real estate on the radio . . .","author":"Greg Swann","date":"September 19, 2006","format":false,"excerpt":"I will be one of the guests on tomorrow's broadcast of KJZZ's Here and Now radio program. One of the big names of Phoenix real estate analysis will be there, as well, either R.L. Brown or Elliott Pollack. ASU's Dr. Jay Butler cannot be there, more's the pity. Jay Thompson,\u2026","rel":"","context":"In &quot;Marketing&quot;","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=114"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/114\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}