{"id":150,"date":"2006-07-29T05:27:33","date_gmt":"2006-07-29T12:27:33","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=150"},"modified":"2006-07-29T07:29:08","modified_gmt":"2006-07-29T14:29:08","slug":"the-m-m-m-mole","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/150\/the-m-m-m-mole\/","title":{"rendered":"The M-m-m-mole . . ."},"content":{"rendered":"<p>Catherine Reagor of the <i>Arizona Republic<\/i> actually <a href=\"http:\/\/www.azcentral.com\/arizonarepublic\/business\/articles\/0729biz-homebuilding0729.html\" target=\"_blank\">acknowledges that comparing this year to last year may not be an ideally-informative strategy<\/a>:<\/p>\n<blockquote><p>Although the Valley&#8217;s housing market is definitely slowing, comparisons to last year&#8217;s frenzied sales pace and appreciation gains aren&#8217;t a perfect indicator. During 2005, metro Phoenix home prices soared 50 percent and houses were selling within days.<\/p><\/blockquote>\n<p>We call this tactic The Mole, in honor of Dr. Evil (who now runs a BubbleBlog from which he hopes to extract milllllllions of dollars). The alleged news is that new-build permits are down from last year. Big surprise. The actual news is that 29,943 have been pulled in the Valley through the end of June, which would have been a record-setting pace were it <i>not<\/i> for last year. Irresponsible reporting? You bet. Alas, we have no other kind in Phoenix.<br \/>\n<!-- technorati tags start --><\/p>\n<p style=\"text-align:right;font-size:10px;\">Technorati Tags: <a href=\"http:\/\/www.technorati.com\/tag\/arizona\" rel=\"tag\">arizona<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/arizona real estate\" rel=\"tag\">arizona real estate<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/phoenix\" rel=\"tag\">phoenix<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/phoenix real estate\" rel=\"tag\">phoenix real estate<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/real estate\" rel=\"tag\">real estate<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/real estate marketing\" rel=\"tag\">real estate marketing<\/a><\/p>\n<p><!-- technorati tags end --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Catherine Reagor of the Arizona Republic actually acknowledges that comparing this year to last year may not be an ideally-informative strategy: Although the Valley&#8217;s housing market is definitely slowing, comparisons to last year&#8217;s frenzied sales pace and appreciation gains aren&#8217;t a perfect indicator. During 2005, metro Phoenix home prices soared 50 percent and houses were [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","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":[6,5],"tags":[],"class_list":{"0":"post-150","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-marketing","7":"category-real-estate","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":53,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/53\/an-open-letter-to-catherine-reagor-and-glen-creno-of-the-arizona-republic\/","url_meta":{"origin":150,"position":0},"title":"An open letter to Catherine Reagor and Glen Creno of the Arizona Republic","author":"Odysseus","date":"February 20, 2006","format":false,"excerpt":"First, Catherine, congratulations on your new column. Hard work pays off. Second, I would dearly love it if both of you would bring some perspective to your writing. For example, from Catherine's new column:What this year holds is the multibillion-dollar question. A 10 percent drop in home building or sales\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17586,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17586\/overnight-news-great-news-housing-up-up-up-tragic-news-dollar-down-down-down\/","url_meta":{"origin":150,"position":1},"title":"Overnight News: Great news! Housing up, up, up! Tragic news&#8230; Dollar down, down,\u00a0down&#8230;","author":"Greg Swann","date":"December 10, 2020","format":false,"excerpt":"Happy days are here again! \u2013 so pucker up. When you know you're being lied to, when do you know you're not being lied to? Maybe if you took a poll... Here's the deal: There will be hell to pay, somewhere, sometime soon. The dollar is worth 75% of its\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":35,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/35\/stop-the-browbeaters\/","url_meta":{"origin":150,"position":2},"title":"Stop the browbeaters","author":"Odysseus","date":"January 1, 2006","format":false,"excerpt":"The political philosophy we call Goldwater Republicanism--low taxes, limited regulation, strong defense, mind your own business--is a lot older than Barry Goldwater. It was the core philosophy of the Frontier West, of course. Phoenix is regarded as its spiritual capital because of Eugene Pulliam, for many decades the owner and\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":189,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/189\/goodyear-burns-rubber-in-pursuit-of-growth\/","url_meta":{"origin":150,"position":3},"title":"Goodyear burns rubber in pursuit of growth . . .","author":"Greg Swann","date":"August 8, 2006","format":false,"excerpt":"From the Business Journal of Phoenix:The city of Goodyear Tuesday announced a plan that will extend its southern border down to Mobile and nearly quadruple its population. The southwest Valley community has expanded its General Plan area by 70 percent to include about 61,000 acres. The 95-square mile area is\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":[]},{"id":324,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/324\/republic-year-over-year-median-prices-down-in-some-areas\/","url_meta":{"origin":150,"position":4},"title":"Republic: Year-over-year median prices down in some areas . . .","author":"Greg Swann","date":"September 12, 2006","format":false,"excerpt":"Here's the Republic's read on yesterday's housing numbers, a much more dire interpretation:Valley home prices dipped again in August, even falling below last year's levels in some areas. It is the first time since the Valley's housing market turned red-hot in late 2004 that the monthly median price of existing\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":[]},{"id":1009,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1009\/fortune-on-zillowcom-they-can-gape-but-they-cant-google\/","url_meta":{"origin":150,"position":5},"title":"Fortune on Zillow.com: They can gape, but they can&#8217;t Google . . .","author":"Greg Swann","date":"February 7, 2007","format":false,"excerpt":"It's possible that I've written more about Zillow.com than any other real estate weblogger. More on why Automated Valuation Methods necessarily stink. More on why the National Community Reinvestment Coalition's shake-down of Zillow.com stinks even worse. More on Zillow.com's new features. If I haven't written more than anyone else, I've\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":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/150","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=150"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/150\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}