When I decided to move away from the Washington DC area, I wrote down a short list of places that I wanted to consider for my new home. I tried to keep an open mind to the job opportunities and focused on the quality of life that I was looking for at the time.
There have been several opportunities for me to move to Arizona and I do love it there. But if you are familiar with the current housing crisis, you know that the Phoenix area is in the top 5 of our country’s worst markets. The foreclosure rate in Phoenix is horrendous, and I realized that the market was way out of control when I went out there for job interviews.
Any time you have high unemployment and a large number of home foreclosures you have several other things happen. The crime rate goes up and the divorce rate goes up. The amount of stress on a relationship during this economic downturn is often the straw that breaks the camel’s back, as they say.