We're hearing about how the bottom has dropped right out of the housing market in Arizona. In fact, my uncle walked away from his home, because it is currently worth less than the mortgage he held on it. Sad to lose it after all that time. It's making hubby and I think about keeping our eyes on the housing prices down there, and perhaps buying Condo Hotels to spend all or part of the winter in Arizona! We both think that eventually that might be something we're going to look into. We'd downsize here first of course!
Posted by Bev on December 25, 2007 11:14 AM | Permalink
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