The Views expressed here are the opinion  and only the opinion of the Designated Broker Tom Peterlin. Any information gathered and provided from resources such as the Arizona MLS is considered to be approximate in nature. It is strongly recommended that Buyer & Buyer's agent and Seller & Seller's agent to verify any & all information provided in this blog for themselves

Admittedly, things in the housing market have been so far in 2009 challenging to say the least. But as my 92 year old mother Marie has always said, " Nothing ever stays the same."

President Obama came to Phoenix February 2009 because it appears that the Phoenix area has been a great barometer of  the peaks and valleys of the housng market throughout the entire United States. When it 's been up in Phoenix, I mean really up, it's been up everywere else,and when it's been down, it has been sharply down in Phoenix.

That having been said  what a lot of people forget during this foreclosure, credit crunch housing malaise is that the improvement on our contracted economy depends as much on the mentality  of the American public as it does anthing else. WHEN THE PEOPLE OF THIS GREAT COUNTRY DECIDE THAT THINGS ARE GETTING BETTER THEY WILL GET BETTER. Stimulus package or not, the general confidence of the consumers will dictate how much longer we are going to have to endure this recession and protracted housing slump.

I am not suggesting that we are there yet.  But just like Chicken Little proclaimed to all that would listen... " The Sky is falling...The Sky is falling"... the truth of the matter is that  the sky is not falling.  Even though all of us may still have some time to go through a number of  financial changes, eventually things will get better.

 In a July 2008 Forbes magazine printed an article that stated that the city of Phoenix has been ranked 3rd nationally in afforability for all major metropoilitan areas in the United States. Furthermore, in a recent local housing statistics report that came out in February 2009 from John Burns Real Estate Housing Consultants

( link is provided here  http://realestateconsulting.com/Intelligence.aspx?quicklaunch=true®ion=local) 

it was  duly noted by average price point of housing in Phoenix that Phoenix housing is very favorable in afordability to the point that one could surmise that  the local market  here could have well overcorrected in this downturn. The point is the Phoenix housing is affordable, and there never has been a better time to buy.

This is just one man thoughts. Please share your thoughts with me at tom@c21seago.com . I would welcome your opinion.

God bless.

Best wishes,

Tom Peterlin

Century 21 Seago, inc

2226 S McClintock Dr

Tempe, AZ 85283

(480) 756-2121 

Web site: wwww c21seago.com