Arizona is enjoying boom conditions the likes of which it has not seen in more than a decade. When employment revisions are released in February 2006, Arizona probably will find it is growing faster than...

There is still a great deal of untouched equity in homes. Employment, as well as real income, are expected to continue to increase. While 2005 may ultimately be the peak in the cycle, it appears...

The housing market is at record levels, and commercial real estate markets should continue to be strong for some time.

A betting man would say that 2005 will end up being the peak of the cycle.