I started buying real estate in Salt Lake City in the fall of 2004. So far I’ve done pretty well on those investments. Here’s a link for the appreciation in the last quarter.

http://extras.sltrib.com/homeprices/Index.asp?County=Salt%20Lake

Historically, SLC has done well when CA did poorly and poorly when CA did well. Looks like a similar situation is playing out this time, although this time the housing slump might be different from previous slumps.