PHX Market Recovery - Slow, but Happening

Our market seems to be like the hospital patient, who despite all that the doctors do, does not get better, but does not get worse... Until lately... When the March stats hit the papers, the press had to admit that maybe the patient was going to recover after all! The obituaries were a tad early, as it were. If we take the 50,000 listings in the ARMLS computer, and look closely, we'll see that many homes are double listed, many are overpriced, and the database does cover a HUGE chunk of AZ... It is probably more accurate to say that there are 25000-30000 true listings - true meaning priced right, good condition, motivated sellers, and not double listed. In effect, the market is more balanced than the headlines would make it appear. It's like 2002 again. The patient is going to be fine! I'm not drinking the kool aid, just telling like I see it.