Things are turning in Phoenix. We own a condo there with two other people and are trying to sell it….QUICK. My mother lives in a new community in the Phoenix area that only about 30% sold. Prices increased 50% last year. Every week she called me to tell me her house went up another 2k. Now her builder is offering all kinds of free upgrades so that they don’t have to drop the base price. I’m sure thata base price reduction is coming soon. For her sake, I hope I’m wrong.