{"id":326,"date":"2006-09-12T11:36:37","date_gmt":"2006-09-12T18:36:37","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=326"},"modified":"2006-09-12T11:36:50","modified_gmt":"2006-09-12T18:36:50","slug":"economist-elliott-pollacks-housing-market-analysis","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/326\/economist-elliott-pollacks-housing-market-analysis\/","title":{"rendered":"Economist Elliott Pollack’s housing market analysis"},"content":{"rendered":"

Phoenix and Tucson housing market analysis from Elliott Pollack<\/a>:<\/p>\n

The economic fundamentals that have allowed Greater Phoenix to prosper have not changed.<\/p>\n

Our long term forecast remains positive.<\/p><\/blockquote>\n

Note this slide:<\/p>\n

<\/p>\n

That’s ostensibly bad news, since our affordability is down substantially over the last 6 years. But what’s interesting to me is that the cities Phoenix drains population from are all substantially less<\/i> affordable. That doesn’t mean things will necessarily go well<\/i> here, but it tends to argue that they will be worse<\/i> there.<\/p>\n

Pollack’s estimate is that we have about two years to absorb excess inventory in greater Phoenix.
\n<\/p>\n

Technorati Tags: arizona<\/a>, arizona real estate<\/a>, phoenix<\/a>, phoenix real estate<\/a>, real estate<\/a>, real estate marketing<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Phoenix and Tucson housing market analysis from Elliott Pollack: The economic fundamentals that have allowed Greater Phoenix to prosper have not changed. Our long term forecast remains positive. Note this slide: That’s ostensibly bad news, since our affordability is down substantially over the last 6 years. But what’s interesting to me is that the cities […]<\/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":[8,6,5],"tags":[],"class_list":{"0":"post-326","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-investment","7":"category-marketing","8":"category-real-estate","10":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":324,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/324\/republic-year-over-year-median-prices-down-in-some-areas\/","url_meta":{"origin":326,"position":0},"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 "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"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":326,"position":1},"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 "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/24\/when-did-reporters-become-the-gullible-stenographers-of-frauds\/","url_meta":{"origin":326,"position":2},"title":"When did reporters become the gullible stenographers of frauds?","author":"Odysseus","date":"December 10, 2005","format":false,"excerpt":"Holy smokes!The Phoenix region has landed on a list of \"extremely\" overvalued housing marketsBut, but but! Of course there's a \"but\":but it's unlikely that the situation will lead to meaningful drops in home prices, several local housing analysts said.Whew! That was a close one! Well, not really. The cited text\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":364,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/364\/greater-phoenix-chamber-of-commerce-residential-real-estate-rebounding-commercial-real-estate-strong-population-growth-unabated\/","url_meta":{"origin":326,"position":3},"title":"Greater Phoenix Chamber of Commerce: Residential real estate rebounding, commercial real estate strong, population growth unabated","author":"Greg Swann","date":"September 22, 2006","format":false,"excerpt":"Two articles in today's Arizona Republic on the state of the local economy as detailed by the Greater Phoenix Chamber of Commerce, both largely good news. Catherine Reagor continues her slow apprehension of the idea that this year is not last year. And R.L. Brown advises us all to adapt\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":689,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/689\/real-estate-news-there-may-in-fact-truly-be-a-day-beyond-tomorrow\/","url_meta":{"origin":326,"position":4},"title":"Sunday real estate news: There may, in fact, truly be a day beyond tomorrow . . .","author":"Greg Swann","date":"November 26, 2006","format":false,"excerpt":"The Arizona Republic is positively ripe with real estate stories today. First up, the amazingly ugly Chateaux on Central condominium development is being forced into bankruptcy. The homes were to sell for $2- to $4-million for apartments as many as six-stories tall -- not a misprint. Freddy Krueger and Damien\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3216,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3216\/has-the-phoenix-real-estate-market-turned-the-corner-its-too-early-to-tell-but-mays-results-suggest-we-may-be-nearing-the-bottom\/","url_meta":{"origin":326,"position":5},"title":"Has the Phoenix real estate market turned the corner? It’s too early to tell, but May’s results suggest we may be nearing the bottom","author":"Greg Swann","date":"June 7, 2008","format":false,"excerpt":"This is my column for this week from the Arizona Republic (permanent link). \u00a0Has the Phoenix real estate market turned the corner? It's too early to tell, but May's results suggest we may be nearing the bottom Are you in the mood for some good real estate news for a\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/326","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=326"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/326\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}