What is going on in the Phoenix Real Estate market and how do we interpret the data provided? Shifting from a sellers' market to a more balanced market can, for some, feel like a crash, but is it? Alarming headlines "The Sky is Falling!" Is it? Flip investors skew the data, artificially inflating the data when they pull out. Are we overbuilding? We discuss affordability in Phoenix and the changing demographics in the state. Flip investing and investing in residential rentals has been in cash - and what that means in comparison to the last crash. We laugh about the concept of "distressed" properties and what that meant back in the day compared to today. Come laugh with us!