Friday, June 12, 2009
Real Estate blogging
One of the foremost industries (and thus problems) in Arizona is real estate. When the bubble was big, our economy was booming. Construction, resale, renovation, improvement, retail (for all those needs for the home) -- everything benefitted. But when the bubble burst, so did a lot of our economy. Nothing surprising there. But a good place to keep up with the reality of all of this is the ASU site for real estate statistics. There is an unemotional picture there of the real estate market and while I don't think this economy should ever depend on one industry (it's like farming one crop: if there's a die-off, then you're out of business and out of food), real estate is always going to be a big part of this state. Thus, this link is a good place to go: ASU's real estate statistics site.