I was back there a couple years ago and the transformation was amazing, things had really turned around.. At least on the west side of town, which was hit harder. Looked like 1980’s Beirut over there.
AZ was an early casualty so an early recovery makes sense. SB1070 didn’t hurt either. Lots of folks got back to work “doing jobs Americans don’t want’.
It's hard to keep Phoenix down though. Pretty strong economy here. When the rest of the country was at 5% unemployment, we were at 3%.
Anyhow, I am not sure how sustainable this is. Regardless, I would be nervous about cooling 4500 sq ft. with this administration at the helm.