Life In Scottsdale

Scottsdale real estate is all the rage.  There isn’t a person in this town whose life hasn’t been touched by the real estate boom and subsequent semi-crash.  Half the city was making over 150k/year as a real estate agent or a mortgage broker — most of those people lost their jobs or went back to making 30-50k.  Almost everyone invested in a house at some point.  Many people made hundreds of thousands of dollars.  Other people got into too many houses at too late of a time and lost everything.  Some people figured out mortgage scams and took home millions of dollars (ask anyone who lives in the 3rd Avenue Lofts and they’ll tell you all about it).  I have lots of thoughts on the real estate scene here, and I’ll be happy to fill you in on them as time goes by.  My first prediction: Optima prices are going to CRASH.  I actually like Optima, although I don’t like the idea of paying $800,00 for a 950 square foot place within easy walking distance of buildings that should be condemned.  I’m also not wild about the pool scene with cocaine, steroids, and tons of plastic surgery.  But hey, the place is gorgeous.  Can’t deny that.