@Denise Ortiz tax liens take precedence over almost all other liens, even IRS, and it would be difficult for the medical liens to take priority over your claim, even if they were "first in time, first in line".

Anyone from Phoenix, AZ that knows the submarkets intimately that could give me some advice?

That is probably your best bet at this point in time.

Being truly successful, however, is to predict when the lemmings are going to fall off the cliff - and making a turn in time to avoid following suit.Regarding (over) leveraging: I'm not convinced that this necesarily leads to a problem.

In times of extreme uncertainty, less people buy expensive consumer items. 

one day at a time and panicking serves no purpose at this juncture in time.  

Especially in times of high inflation.

This inefficiency is what also gives you the opportunity to get those insanely good deals - take the stock market on the other hand, you are unlikely to buy Amazon shares at or below 50% FMV at any point in time.

Either way, I think this is what the government was after - it's a "cooling" of the market.As for timing the market, I've never really believed in timing the market.

Don't contract to close in time frames you can't meet.