"I used to take a lot of heat from Las Vegas housing analysts Larry Murphy and Steven Bottfeld about my bearish predictions for Las Vegas. Now even Murphy and Bottfeld don’t dare predict a recovery for the next two years. R.L. Brown, a Phoenix housing analyst, has no such reservations. He remains as bullish as ever about Phoenix real estate and describes a scenario for Phoenix that couldn’t sound brighter if it had come from a fortune cookie"

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