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Subject: New York Times article featuring Maricopa, 4/6/2008
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mcolacinoUser is Offline

Posts:19

04/07/2008 12:22 PM Alert 

Has anyone read this article?

http://www.nytimes.com/2008/04/06/realestate/keymagazine/406ariz-t.html?pagewanted=5&_r=2&sq=maricopa&st=nyt&scp=1

CaliGurl~n~CopaUser is Offline

Posts:292


04/07/2008 1:10 PM Alert 
This article is really sad. And unfortunately so true. My neighbors just walked away from their home... because the lendors were not wanting to work with them as well. The rental we were in, the owner was also putting up for short sale or else being foreclsosed on... I hope that we do not become like the town of Stockton, California... Or maybe we already are.

"Being defeated is often a temporary condition. Giving up is what makes it permanent."
-Marilyn vos Savant
MommybrittanyUser is Offline

Posts:250

04/07/2008 1:15 PM Alert 
Fry's is the local hang out?? That's funny, and kind of sad! I think our town will grow, it will just take time.
Monkey!User is Offline

Posts:248


04/07/2008 3:04 PM Alert 
Wow that story was kind of depressing.
crazyforcopaUser is Offline

Posts:0

04/07/2008 4:47 PM Alert 
This is happening everywhere, not just Maricopa. So let's think positive and stop thinking it's only Maricopa.

First of all, there were many article indicating that Arizona is one state that will recover faster than most all other states. Because it is a destination for baby boomers in retirement and the Canadians and Europeans are buying because of the difference in $ value as a second home for vacations.

Second, Fry's is only a 'hang out' if you aren't creative enough to do many other things, such as, volunteer at a local nonprofit, join a recreational sport, find a class in music, join a local club. There are lots of things to do in Maricopa, you just have to be willing to put some effort in.

Maricopa is a wonderful community to live in.
CyndiWitczakUser is Offline

Posts:182

04/07/2008 5:23 PM Alert 
We love it here, and didn't buy for the investment. We bought in Maricopa because we could afford to and we love the house. You can't put a price on fresh air. It's hard to feel sorry for people that bite off more than they can chew.

Yes, that's really my name
alwaysamytooUser is Offline

Posts:0

04/07/2008 7:02 PM Alert 

Posted By CyndiWitczak on 04/07/2008 5:23 PM
We love it here, and didn't buy for the investment. We bought in Maricopa because we could afford to and we love the house. You can't put a price on fresh air. It's hard to feel sorry for people that bite off more than they can chew.

 

Said perfectly!

 

LeonPotterUser is Offline

Posts:358

04/07/2008 7:11 PM Alert 

The interesting thing I found in the article was that clients of the agent who are facing foreclosure/shortsale used her to BUY the home in the first place. Now they are in the same predicament the real estate agent is in using the same "strategy" she did when she bought here. Now they want to re-hire her to SELL the property. Go figure.

There seems to be a want for violins to be playing in the background while reading the article,but the agent wasn't complaining when she was closing up 17 deals a month. Of course, some of those clients are in trouble now. Instead of looking to re-hire her, they could be asking for atleast a share of the commission she received the first time around.


You may remember this from the original 85239:

Proverbs 22:7

The rich ruleth over the poor and the borrower is servant to the lender.
drummer72User is Offline

Posts:2858


04/07/2008 7:45 PM Alert 

And I always thought Basha's was the place to be, in the C-O-P-A?
Yes, it's a sad article...


<--- Say his name anyway way you want, but it's pronounced(nov 08) Mr. President.
twostep23User is Offline

Posts:1675


04/07/2008 8:30 PM Alert 

It totally amazes me how reporters can turn thing around with few keystrokes.   I keep forgetting that there are reporters out there that will write their stories based on what they think will sell.

I'm not saying that it was all wrong just written all wrong.  They way that he made it sound the sky will be falling any day now.

Maricopa will survive.  Sure there will be hard times and heart aches along the way but what doesn't kill you will make you stronger.  I for one didn't move here as a short term investment.  We moved here for better life and won't be leaving any time soon.

 

 


Senior Member
Posts: 4625
Joined: Feb 2006
CyndiWitczakUser is Offline

Posts:182

04/07/2008 9:26 PM Alert 
She stayed here for a month... who cares. Don't let the door hit ya where the good Lord split ya. I'll keep my gorgeous sunrises, clean air, and serenity.

Yes, that's really my name
NothingtodoUser is Offline

Posts:283


04/07/2008 11:52 PM Alert 

Fry's is the hangout in Maricopa? Someone walked away from a dinner with friends because they were "too depressed talking about their house"? I think that author is a bit of a drama mama, to say the least.

Maricopa will do just fine. It will bounce back and it will hopefully bounce back with mortgage companies that show more ethical behavior and buyers who are able to buy what they can afford, and not just what they want.

You can't even have a beer in Fry's............sheesh, what a nincompoop.


I loathe people who keep dogs. They are cowards who haven’t got the guts to bite people themselves. ~Sir Geoffrey Streatfield
Cactus RobUser is Offline

Posts:700


04/08/2008 8:21 AM Alert 

Why is it that I don't care what a New York Times writer has to say about Maricopa?   I might read the article someday if I ever have nothing better to do.  It probably won't be soon though.  I've got several pages of the Phoenix telephone directory that I haven't read yet.    

CliffinAZUser is Offline

Posts:394

04/08/2008 10:15 AM Alert 
Posted By CyndiWitczak on 04/07/2008 9:26 PM
She stayed here for a month... who cares. Don't let the door hit ya where the good Lord split ya. I'll keep my gorgeous sunrises, clean air, and serenity.


Actually, she didn't even stay here for a month, just a week--a fact that was stated in the article but that the writer here at 85239 didn't get right.

CliffinAZUser is Offline

Posts:394

04/08/2008 11:00 AM Alert 
Posted By Mommybrittany on 04/07/2008 1:15 PM
Fry's is the local hang out?? That's funny, and kind of sad! I think our town will grow, it will just take time.



This is the part of the article that just seems bizarre to me.  The people I know here hang out in Native New Yorker, Teakwoods, Headquarters, the Raceway, even the bar at Brooklyn Boys.  I've never heard of people hanging out at Frys to socialize.  In this, the article takes the opinion of a couple of people, and misrepresents it as being the status quo for the town.  Lazy, biased, and exploitative journalism at its worst--Samantha Shapiro had one angle she wanted to exploit because it's a hot topic that she figured would sell, and didn't want the full truth or balanced reporting to get in the way.  If this toilet paper standard of reporting now represents the New York Times, that's pretty sad.

MommybrittanyUser is Offline

Posts:250

04/08/2008 11:08 AM Alert 
I agree CliffinAZ - it's pathetic. And it sounds like she got this "information" from a couple of teenagers. How can you combine the opinions of teenagers working at Frys, with people losing their homes due to market changes? It's just poorly written. It's unfortunate that people who read this across the country will think very little of Maricopa, when I believe it is a great town which has amazing potential...
anewmanUser is Offline

Posts:660


04/08/2008 11:18 AM Alert 
Same discussion is going on in the Real Estate Category-

Here are my thoughts!

The article is crap- totally one sided with limited factual details. What is the point about the whole only 'Jew' in town comment. I find that pretty offensive and has no relevency to the market conditions. Seeing how the people interviewed in the article are from New York or friends with those from New York leads me to believe the journalist made little effort if any to meet people and get their stories. There are people here from New York, New Jersey, Cleveland, Wisconsin, California, Oregon, and Colorado just to name a few. That does not even count those that grew up here- or moved from another city in Arizona.

There are many people that bought at the wrong time -late 2005 & 2006- and are now upside down in their house. This happened in every city in Arizona, Nevada, Florida, Texas, and the majority of the cities across America. The same is said for many people that invested in the stock market at the end of 2007 and did not move money the beginning of this year when the market took a fall.

Bad investing is not something that deserves pity. If you do not do your homework and research it is your own fault. If you wait till 'everyone is doing it' you are TOO LATE!! That is what those in the article did including the real estate agent. Obvioulsy the agent was too worried about getting rich off the market and not actually paying attention to the conditions and housing cycles.

For those that made a smart home purchase (within income level- fixed rate- not 120% financing) they can tell a completly different story than the ones in the article. Fry's being the only hang out in Maricopa? That is just pathetic and horrible journalism.

"The jouney of life is as much in oneself' as the roads one travels"


LanoUser is Offline

Posts:266


04/08/2008 10:35 PM Alert 
Posted By CyndiWitczak on 04/07/2008 5:23 PM
We love it here, and didn't buy for the investment. We bought in Maricopa because we could afford to and we love the house. You can't put a price on fresh air. It's hard to feel sorry for people that bite off more than they can chew.



I like it here too....but seriously, are there EVER any good stories that pertain to our town?? I've been here since early "05", and I can't recall one. How about one that starts..."great news for the town of Maricopa!" (and no, I don't consider a traffic light great news) . This story definitely fits the Times  template however......and of course the government is to blame. That paper is a joke.

darin45User is Offline

Posts:144


04/09/2008 8:26 AM Alert 
Posted By crazyforcopa on 04/07/2008 4:47 PM
This is happening everywhere, not just Maricopa. So let's think positive and stop thinking it's only Maricopa.


this is true...but most of those area have the things they need...retail, resturants and the such so its not AS bas as we have it here. We cant even get a retail store, a FULL SERVICE resturant or a GYM FOR THAT MATTER to fully commit to building anything here. They start moving the ground then they back out or stop building with no future date in site. This is fustrating!!!  i'm hear for the long haul, but I dont want us to continue to go backwards for God's sake!

"...you knew that before you came here"- The 85239.com's stupid answer to every comment"
darin45User is Offline

Posts:144


04/09/2008 8:26 AM Alert 
First of all, there were many article indicating that Arizona is one state that will recover faster than most all other states. Because it is a destination for baby boomers in retirement and the Canadians and Europeans are buying because of the difference in $ value as a second home for vacations.

Second, Fry's is only a 'hang out' if you aren't creative enough to do many other things, such as, volunteer at a local nonprofit, join a recreational sport, find a class in music, join a local club. There are lots of things to do in Maricopa, you just have to be willing to put some effort in.

Maricopa is a wonderful community to live in.

 


"...you knew that before you came here"- The 85239.com's stupid answer to every comment"
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Forums > Community > Future of Maricopa > New York Times article featuring Maricopa, 4/6/2008



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