How have new housing starts been? Putting them up as fast as they can? When inventory dipped that low around here it was partly because developers could no longer profitably build.

Phoenix is a pretty awesome place to live. It should be hot. Isn’t everyone moving there? If not they totally should be.

I had been coming out to Phoenix for 15+ years. I finally bought last year. Houses go up ASAP and they are not cheap. Lot's of us former California people moving in driving demand and we can afford to spend for extras because of the $$$$ we made in the CA market. A lot of potential first time buyers are being forced to rent or buy a condo because prices are rising.

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"The great pleasure in life is doing what people say you cannot do."

It’s 111 degrees there right now with a low of 83. That is insane

Oh why didn’t we buy a 2 bd condo for $40K when I moved there for grad school.

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clm
Nashville, TN
https://twitter.com/ironclm | http://ironclm.typepad.com

Sorry, it's too darn hot. It looks like the market has been a buyer's market for a year or two (final sale price below asking prices), not surprising that sellers who can, have pulled their properties off the market.

Meh, it’s a little warm. I’ll wait till 6:30-ish to go for a bike ride.

FIFY
i'm not a fan of the city itself but the proximity to stuff is pretty darn good.
i'm a fan of how close we are to SoCo, southern colorado. california...you can have it.

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ΜΟΛΩΝ-ΛΑΒΕ
we're doomed

I'm in the pool before breakfast every day. I've been here a year. The heat is more manageable than snow and ice BUT we do go through a lot of ice cubes.

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"The great pleasure in life is doing what people say you cannot do."

where'd you come from?
nice this is that in the winter, if you want snow and ice for fun, flag is only a few hours away. telluride is about 8-9.
winters here rock.

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ΜΟΛΩΝ-ΛΑΒΕ
we're doomed

I sold my house in Chandler about a year go. The market was good, we sold in about 2 weeks I guess, but it certainly was no bidding war or anything like that. Houses have to be priced right, marketed, and put in sellable condition. Maybe things have changed over the year but that was the situation last winter.

I lived in Tempe/Chandler for ~15 years. Of the places I've lived (Wisconsin, Houston, Olympia, San Diego, and now Beaverton, OR) it has its good and bad but it's probably one of the easier places to live. Cost of living is generally pretty reasonable. If you locate yourself well with respect to your daily travel needs, the road conditions are among the best in the country, especially for the size of city. While it is certainly hot in the summer, it never prevented me from doing all the biking, running, hiking, etc., that I wanted to do, you just have to plan to do it in the morning/evening. With limited rain you are rarely rained out of an activity. It has good proximity to some nice places to go for the weekends, and an excellent airport. The government is generally pretty pro-business so there has been a lot of growth there over the last 25 years or so, but there is a lot of space and employers are spread all over the valley, so you don't really have a situation like we have in Portland where there is intentionally limited housing growth and a bias against adding additional roadways - resulting in some pretty slow traffic (which I don't mind at all as I'm one of those anti-car nutjobs these days anyway).

Where does the water come from?

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“Read the transcript.”

Seriously? Colorado sucks.

Everyone should move to Phoenix.

4 reservoirs in the mountains around the city and the Colorado River. We send water to Nevada and California.

Denver sucks.
Boulder sucks.
The front range sucks.
Ouray doesn't suck.
The San Juan's don't suck.

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ΜΟΛΩΝ-ΛΑΒΕ
we're doomed