Dr.Jackpot

Are U.S. Home Prices Reasonable?

Here's how I value housing.

Buy a piece of land. Get permits and approved plans. Get a saw and hammer (plus 1,000 other items). Take time off and build it yourself. I mean ENTIRELY by yourself if it takes 4 years. Then stand back and admire your work. THEN, you will know what it's worth. Until then, you don't know 'nothing'. I did it and I know what it's worth-------priceless !

Over-Correction in the Phoenix Housing Market

You forgot one factor. Realtors. They want the fastest turnover-------no matter how low the prices. They could care less about America OR the economy.