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Old 05-25-2003   #35
JR
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Quote:
Originally posted by *KK*@May 25 2003, 12:44 PM

Interestingly enough Michael, I'm not sure those huge bubbles you reference are going to pop... we've been sitting here in Phx waiting for nearly 2 years for houses to come back down to earth as far as pricing and it's not only not happening, the prices are going up.
i agree. i dont think they will "pop" either in many of the hot spots in the US. Pheonix is certainly one of them.

Seattle is already starting to recover right now and property there went right off the charts as well in the last several years.
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