The answer- If you need to sell, now is the time. Robert, I don't see things correcting or returning to "normal" for a VERY long time. It took years for a BOOM and now we are left with a completely different market. If you feel the need to sell now would be ideal because there are so many buyers lookig to dial in to that April 30th tax credit deadline. Also, there are many people here for vacations and activities right now with Arizona growth and tourism still being at peak. If you have questions on the true value, a liquid appraisal is advised. They are about $200.00 and can get you pretty dialed in to the revent comps and adjusted values of FORECLOSURE and SHORT SALE postings.
Please let me know if you need a resource for that. I am glad to help in any way!
Century 21 All Star