[quote=spdrun]If you read about what’s happening in Phoenix and Las Vegas, property is already correcting. Investors are leaving like rats, very little organic demand to replace them.[/quote]
I am not seeing any reports in the press about a housing correction in Phoenix. Infact, I found info that housing is still soaring there.
Looks like Phoenix is still surging. Locally, here in OC, inventory that is competitively priced is still ultra-tight and people are still trampling over each other to buy homes that are priced below $400,000 and are move in ready since there are just so few of them.
