Yesterday I looked at several old posts of mine from 2006 and 2007 on this website looking for a “Best Of Arizona Real Estate Notebook” post. It was very revealing to me to read my old posts and see my opinions at the time.

I thought I was hard-nosed but I can see an optimistic bias in my 2006 and 2007 forecasts. I didn’t think prices would fall as much as they did, for example, and I’ve been forecasting a housing price bottom for years… well… like I am forecasting one for this year! (But this year I’m right, damn it!)

Having an old blog can be a revealing reality check on yourself.

On a personal level, I guess if I’m not going to be perfect, I’m glad I tend to error on the side of optimism versus pessimism.