Comments on: Phoenix Real Estate – Recovery Imminent?

By: another domino falling

another domino falling — Wed, 06 May 2009 13:30:14 +0000

[...] wrote a couple of weeks ago about the self-fulfilling prophecy of consumer confidence. The media talks about the [...]

By: Northwest Valley Market Stats

Northwest Valley Market Stats — Mon, 20 Apr 2009 15:53:37 +0000

[...] been reading quite a bit lately about the accelerated pace of sales, and how the market *may* be [...]

By: Chris Butterworth

Chris Butterworth — Fri, 10 Apr 2009 14:03:06 +0000

Great post Heather – I love the domino link!

Can people talking about a recovery lead to consumers & homeowners feeling a littel better about things, so they’re willing to spend a little bit more freely, which drives corporate revenues up, which causes companies to stop laying people off, which puts pressure on wages to increase while at the same time slows down the number of people who will eventually lose their house, which starts the process of slowing down the number of foreclosed properties hitting the market, which means we’re heading for a recovery?

I hope so!