Changing Seasons Equal Cooling Market?

The Scottsdale Arizona Republic reports that housing experts recognize that our market has cooled since midyear 2005, and while they see some clouds on the horizon in 2006 with interest rates and inventory rising, investors cashing out, prices dipping in some areas and concerns about affordability, most are still optimistic.

"We find it difficult to trash the housing market in metro Phoenix when the economy of the region is literally glowing and population growth is strong," said RL Brown.

Other agree that the real estate outlook for 2006 is promising. "I think it will be a strong year relative to an average year" during the past decade, said Scott Agnew, an operating principal for Keller Williams Realty. More...