The Phoenix Housing Debacle

The Phoenix Housing Debacle

As a mortgage Banker for over 30 years and a student of the Phoenix economy, I have learned to accept the realization that economic cycles and fluctuations in home values are normal for long-term growth.

The Phoenix Housing Debacle

However, today’s devastating market is exasperated by factors that are not typical. A look back at past cycles will help to understand why today’s downturn is so different, and why it is taking longer for the market to rebound.… Read More