My how things change. They say what goes up must come down.  If this statement is true for any industry it's real estate. It is called a real estate market for a reason. Markets are living, breathing things - susceptible to outside pressures: local, state and federal government, banks, consumer perception, I could go on and on. Let's look at the recent markets in Phoenix. In 2004 there was the refi market, 2005 was the investor market, 2006 thru 2012 were the REO market … [Read more...]