sdrealtor, what do you mean they think they are movers and shakers? Do you think their salaries contributed to the boom? After all, Wyoming has 10% or more of its loans as Option ARMs, but they didn’t see the price appreciation. Despite loose lending all over the country, only a few cities saw bubblicious prices, and maybe they were the cities with the higher paying jobs? By the way, the guy was beyond sweaty, and looked like he just got out of the pool (he started talking to me because he said I’m the only person at the gym who knows how to do proper push-ups); I have great respect for someone who gets as wet as I do in the gym.