To celebrate 8 years in real estate, I present to you:
The History of Phoenix Real Estate (since 2005).
It’s been quite a wild ride since I got my real estate license…let’s catch up, shall we? For all practical purposes, our Phoenix real estate market has experience an economic disaster that is quite similar to a Category 5 hurricane. And much like New Orleans experienced with Hurricane Katrina, we have endured different phases of this experience.
2005: The Tasty Wave phase when everyone grabs a board and jumps in – regardless of any actual ability to surf or even swim
2006: The denial phase – oh, haw bad can it really get?
2007: The phase where we start to see how bad it can really get.
2008-2010: The apocalyptic flood phase, where it’s even worse than we thought
2011: The phase where everyone literally scratches their head and says to themselves, I have no idea what to do now.
2012: The calvery (aka investors with cash) arrive!
2013: Present day, looking a lot more normal!
Can’t wait to see what lies ahead!