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Here'a snippet from a recent interview with "market expert" Matt Widdows, CEO and founder of Phoenix-based HomeSmart (a.k.a. lying piece of shit realtard)

Q. What's your forecast for will metro Phoenix's housing market?

"I would say that in the next five-to-seven years, we'll see prices back to levels that we saw in 2005. Inflationary pressure brought on by the governments fiscal mis-management (no particular party) will undoubtedly hit us around this time, increasing the cost of raw materials and virtually everything in our lives. Because of this the cost to build will increase and put price pressure on the overall housing market. I wouldn't be surprised to see home prices quadruple current levels in 10 years. If you think about it, that's really only a 33 percent increase over 2005 levels."

Read more: http://www.azcentral.com/business/realestate/articles/20120927qampa-view-housing-market.html#ixzz27oar7siB

#housing