{"id":2371,"date":"2007-12-14T03:50:27","date_gmt":"2007-12-14T10:50:27","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=2371"},"modified":"2007-12-14T10:52:10","modified_gmt":"2007-12-14T17:52:10","slug":"moodys-says-no-u-for-phoenix-were-getting-a-v","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2371\/moodys-says-no-u-for-phoenix-were-getting-a-v\/","title":{"rendered":"Moody&#8217;s Says NO &#8220;U&#8221; For Phoenix &#8211; We&#8217;re Getting a &#8220;V&#8221;"},"content":{"rendered":"<p>Want to buy some predictions for $4,000.00. Actually, $3,995 to be exact. And the predictions are too. The ones I&#8217;ve examined are also unfounded, stupid and won&#8217;t be true. But as <a href=\"https:\/\/www.economy.com\/home\/register\/lock\/purchase_form.asp?from_landing=1&amp;pid=200-00006-01&amp;x=78&amp;y=405\">you can see here<\/a>, you get two copies for your 4k. Then for only $500 more per copy you can get up to ten (10) additional copies. That&#8217;s really reasonable. It makes your average cost per copy a low low $749.58 (10 X 500 + 3995 = 8995). Who can&#8217;t afford that?<\/p>\n<p>Of course the data is pretty much useless but that won&#8217;t stop it from being <a href=\"http:\/\/money.cnn.com\/2007\/09\/19\/real_estate\/steep_home_price_drops_coming\/index.htm\">spewed<\/a> <a href=\"http:\/\/promo.realestate.yahoo.com\/Most_Resilient_Real_Estate_Markets.html\">all across<\/a> the planet.<img loading=\"lazy\" decoding=\"async\" height=\"229\" alt=\"aftershock_banner_payment_form\" src=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2007\/12\/aftershock_banner_payment_form.jpg\" width=\"180\" align=\"right\" \/>\u00a0 Most print and electronic media are just determined to endlessly establish that they have no real knowledge of <em>anything<\/em> they are writing or talking about &#8211; they just print and rebroadcast &#8220;news releases&#8221; that are really little more than poorly disguised PR to sell some book or seminar.<\/p>\n<p>Here is a sample forecast for Phoenix:<\/p>\n<blockquote><p>In September 2007, in spite of all the problems in our real estate market listed above, Moody&#8217;s predicts the <strong>Phoenix real estate market will<\/strong> <strong>bottom out in 2Q\/2008 <\/strong>and react like a &#8220;V&#8221; with a quick increase of 7.7% in the first year because 1.) we have so many people moving into Arizona and 2.) Phoenix leads the nation in job growth. Other areas of the country are not as fortunate as we and they will see a protracted &#8220;U&#8221; shaped real estate market recovery because those areas have a net outflow of residents and lots of job losses.<\/p><\/blockquote>\n<p>Good news. Prices will be actually going <em>up<\/em> next year. Isn&#8217;t that great? I&#8217;m excited. Now I can tell all my customers to just wait until the 3rd quarter and sell then. Yea!!<\/p>\n<p>This is the same Moody&#8217;s who was giving the sub-prime backed <a href=\"http:\/\/www.businessweek.com\/bwdaily\/dnflash\/content\/jun2007\/db20070612_748264.htm\">crap paper<\/a> the equivalent of a &#8220;<a href=\"http:\/\/www.investinginbonds.com\/learnmore.asp?catid=5&amp;subcatid=26&amp;id=114\">triple A<\/a>&#8221; rating. Oh yea, that Moody&#8217;s. It is astounding that <strong>no<\/strong> economist (read that as NONE) predicted the run up in prices until after the run up was occurring. Then they could chat about it at great length. This would be sort of like the weatherman waiting until <a href=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2371\/moodys-says-no-u-for-phoenix-were-getting-a-v\/#more-2371\" class=\"more-link\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Want to buy some predictions for $4,000.00. Actually, $3,995 to be exact. And the predictions are too. The ones I&#8217;ve examined are also unfounded, stupid and won&#8217;t be true. But as you can see here, you get two copies for your 4k. Then for only $500 more per copy you can get up to ten [&hellip;]<\/p>\n","protected":false},"author":6,"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":[26,5,10],"tags":[],"class_list":{"0":"post-2371","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-lending","7":"category-real-estate","8":"category-realty-reality","10":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1982,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1982\/you-can-view-or-download-mirrored-copies-of-activerains-complaint-and-move-incs-response-at-bloodhoundblog\/","url_meta":{"origin":2371,"position":0},"title":"You can view or download mirrored copies of ActiveRain&#8217;s complaint and Move, Inc.&#8217;s response at BloodhoundBlog","author":"Greg Swann","date":"September 29, 2007","format":false,"excerpt":"The PDF files of ActiveRain's complaint against Move, Inc., and Move's response, both attested to be linked from ActiveRain, are no longer there. (See comment below from Jonathan Washburn; the disappearance was apparently inadvertent.) I am fairly reliably paranoid about crap like this, so I took copies of the two\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":2724,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2724\/real-estate-web-20-epiphany-thanks-to-kevin-kelly\/","url_meta":{"origin":2371,"position":1},"title":"Real Estate Web 2.0: Epiphany &#8212; Thanks To Kevin Kelly","author":"Mike Farmer","date":"March 8, 2008","format":false,"excerpt":"Reading Kevin Kelly's post again created a fire storm of\u00a0epiphanies as I relate his generative points to RE\u00a0web 2.0. http:\/\/www.kk.org\/thetechnium\/archives\/2008\/01\/better_than_fre.php I will take his ideas and twist them a bit to meet my purposes. First, the ideas of \"copy\" - in a sense all RE sites are a copy of\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":7031,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/7031\/podcast-installing-engenu-on-multiple-domains\/","url_meta":{"origin":2371,"position":2},"title":"Podcast: Installing engenu on multiple domains","author":"Greg Swann","date":"February 22, 2009","format":false,"excerpt":"Linked below is a recording of a conversation Scott Cowan and I had last night about installing engenu on multiple domains. Cliff's Notes: Each domain needs its own copies of the engenu folder and the engenuComponents folder, including a separate copy of engenupageDex.bin. The advantage is that each different domain\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":323,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/323\/negotiating-buyer-representation-real-estate-is-probably-the-only-industry-that-doesnt-respect-fully-the-person-who-pays\/","url_meta":{"origin":2371,"position":3},"title":"Negotiating buyer representation: &#8220;Real estate is probably the only industry that doesn&#8217;t respect fully the person who pays . . .&#8221;","author":"Greg Swann","date":"September 11, 2006","format":false,"excerpt":"On the general topic of buyer representation, Jim Duncan at Real Central VA has a post up about being very choosy about which clients he will take on. Interestingly, Jim provides a link to a specimen copy of a Virgina Asscoation of Realtors Buyer Broker Exclusive Employment Agreement. I think\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":1307,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1307\/the-future-of-realtor-data-management\/","url_meta":{"origin":2371,"position":4},"title":"The Future of Realtor Data Management","author":"James Hsu","date":"April 15, 2007","format":false,"excerpt":"Following on the heels of Greg's write-up on web technology for blogging, I thought I'd share with everyone a relatively recent technology discovery of mine...one that is quickly transforming how I as Realtor organize and manage all the information I come across with in my work. For whatever reason, going\u2026","rel":"","context":"In &quot;Real Estate&quot;","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4158,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/4158\/living-in-the-cloud-part-i-rethinking-our-email-strategy\/","url_meta":{"origin":2371,"position":5},"title":"Living in the cloud, Part I: Rethinking our email strategy","author":"Greg Swann","date":"August 30, 2008","format":false,"excerpt":"The other day I went through our cloud-centered email strategy:I have my mail set up like this: From my iMac in the office, certain categories of email \u2014 initial client contacts plus mail from anyone in my Address Book \u2014 are redirected to a unique iPhone-only gmail account. That way,\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\/2371","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\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=2371"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/2371\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=2371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=2371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=2371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}