Heard on a forum that some builders raised their prices in Phoenix, which I found quite surprising. Didn’t get an answer on my question which ones, so not sure if it’s true. Yeah, I know you don’t focus on new construction or other markets, but that would be an indication of a possible turn, I think, particularly considering Phoenix is even in worse shape.

Btw, the funniest thought I read these days was about that Wall Street guy Cramer. Apparently even in ’06 he was still screaming “buy houses!” Now he screams “don’t dare touch houses” ). Given his wonderful reputation, many people seem to think that could be a good sign of a bottom.;-)) We’ll see, I guess.