Housing Boom Perception vs reality
Posted on April 3rd, 2009 by Michael Collins
The perception - Politicians and the main stream media paint a picture that the Housing Recovery is like one huge ship on the wrong course that cannot be easily turned around.
The reality - The Housing Recovery is more like a flotilla of smaller ships, some of which have been heading on the right course for some time (i.e. sales of single family homes under $200,000 are booming across the country)
Sales of SF Homes from $70,000 - $150,000 in Maricopa County are up over 1200% for 2008 vs. 2007
And the trend continues in 2009, up 490% YTD over 2008
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