{"id":507,"date":"2006-10-04T15:15:57","date_gmt":"2006-10-04T22:15:57","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=507"},"modified":"2006-10-04T15:16:05","modified_gmt":"2006-10-04T22:16:05","slug":"arizona-economy-get-over-housing-bubble-economists-say-growth-remains-strong","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/507\/arizona-economy-get-over-housing-bubble-economists-say-growth-remains-strong\/","title":{"rendered":"Arizona economy: &#8220;Get over housing bubble, economists say, growth remains strong&#8221;"},"content":{"rendered":"<p>I won&#8217;t have September&#8217;s numbers until tomorrow, but the news is not good for bubbleheads &#8212; which is to say that the news is not bad for everyone else. Meanwhile, there&#8217;s this from <a href=\"http:\/\/www.bizjournals.com\/phoenix\/stories\/2006\/10\/02\/daily28.html?f=et73&#38;hbx=e_du\" target=\"_blank\">The Business Journal of Phoenix<\/a>:<\/p>\n<blockquote><p>Some of Arizona&#8217;s leading economists believe the housing slowdown is a short-lived bump in the road that too many people spend too much time thinking about.<\/p>\n<p>Instead, Arizonans should be looking at statistics that show the state created 161,000 jobs through August of this year, more than 340,000 jobs since the end of the 2002 recession and had a whopping 8.7 percent gain in gross state product for 2005.<\/p>\n<p>&#8220;It&#8217;s hard to imagine a state with more economic momentum,&#8221; said Kent Ennis, an economist and the director of research at the Arizona Department of Commerce.<\/p><\/blockquote>\n<p>I most sincerely do not hate to say <a href=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=114\" target=\"_blank\">I told you so<\/a>&#8230;<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>I won&#8217;t have September&#8217;s numbers until tomorrow, but the news is not good for bubbleheads &#8212; which is to say that the news is not bad for everyone else. Meanwhile, there&#8217;s this from The Business Journal of Phoenix: Some of Arizona&#8217;s leading economists believe the housing slowdown is a short-lived bump in the road that [&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-507","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":146,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/146\/theres-a-reason-they-call-it-a-buyers-market\/","url_meta":{"origin":507,"position":0},"title":"&#8220;There&#8217;s a reason they call it a &#8216;buyers&#8217; market&#8221;","author":"Greg Swann","date":"July 28, 2006","format":false,"excerpt":"Catherine Reagor in the Arizona Republic runs down all the bad news, but there is a better lens for interpreting this information. Take note of M. Anthony Carr in Realty Times:Buyers scurry, afraid of buying at the height of the market. So why aren't builders running scared? Because the underlying\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":587,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/587\/business-journal-housing-market-could-bottom-out-in-six-months\/","url_meta":{"origin":507,"position":1},"title":"Business Journal: &#8220;Housing market could bottom out in six months&#8221;","author":"Greg Swann","date":"October 31, 2006","format":false,"excerpt":"From The Business Journal of Phoenix:The housing market could bottom out during the next six months, according to Metrostudy's latest report on local real estate markets. \"Cutbacks in new production, aggressive incentives by sellers, the exit of the majority of investors and the fundamental demographic support for housing demand are\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":18710,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18710\/2023-housing-bubble-or-2024-real-estate-boom\/","url_meta":{"origin":507,"position":2},"title":"2023 Housing Bubble or 2024 Real Estate Boom?","author":"Brian Brady","date":"May 15, 2022","format":false,"excerpt":"Zillow \"creates\" digital home valuations and The Fed \"creates\" digital currency so it's not like we are dealing with credible institutions BUT: The Dallas Fed is worried that housing is overvalued. Our evidence points to abnormal U.S. housing market behavior for the first time since the boom of the early\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":1136,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1136\/were-not-mensa-members-but-real-estate-is-a-dream-job\/","url_meta":{"origin":507,"position":3},"title":"We&#8217;re not MENSA members &#8211; but real estate is a dream job","author":"Russell Shaw","date":"March 11, 2007","format":false,"excerpt":"The following was on the front page, just under the masthead of Sunday's Arizona Republic: Home Values rise despite slowdown Despite falling prices by year's end, leftover momentum from the Valley's housing boom pushed 2006 values above the previous year's values in almost every city. Median price increases in Maricopa\u2026","rel":"","context":"In &quot;Investment&quot;","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"Not MENSA","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2007\/03\/Not%20MENSA1.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":127,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/127\/oh-good-lord-theyve-got-one-of-our-own\/","url_meta":{"origin":507,"position":4},"title":"Oh, good lord! They&#8217;ve got one of our own!","author":"Greg Swann","date":"July 24, 2006","format":false,"excerpt":"This morning's Arizona Republic has a little featurette on a housing bubble weblog in Gilbert. It's called the Housing Doom Housing Bubble Blog, but I think would it be more sonorous if it were to be named the \"Housing Doom Housing Bubble Housing Blog\" or even the \"Housing Doom Housing\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":319,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/319\/more-august-housing-numbers-for-the-phoenix-area\/","url_meta":{"origin":507,"position":5},"title":"More August housing numbers for the Phoenix area . . .","author":"Greg Swann","date":"September 11, 2006","format":false,"excerpt":"Dr. Jay Butler of ASU has his August numbers out, and his report is faithfully echoed by The Business Journal of Phoenix. The big news: 2006 is not 2005. Who knew? The real news? August was not great but not awful. You heard it here first, And second. Fifth place\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\/507","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=507"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/507\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}