Record 19 Million Vacant US Homes (and why prices are NOT going up for the next 18 to 24 months) http://www.marketwatch.com/story/us-vacant-housing-hits-record-19-million-2010-04-26?siteid=nbih

Demand for real estate is a function of effective demand (and that really means jobs).  But you should never say demand without also saying supply.  It’s the interaction of the two that yields prices.  Denver, for example, has added more than 149,000 new dwelling units… Read more

As I have written earlier about 2010 being THE year to appeal property taxes (see blog entries Video on Property Taxes and As Home Values Decline Property Taxes Should Have) I failed to mention a key issue allowing property owners to appeal property taxes even… Read more

But a Ways to Go to Get There James Hagerty of the Wall Street Journal once again has written about upcoming speed bumps in the road to recovery in the housing debacle.  (see below following this commentary). As the housing bubble commences the final–albeit still… Read more

Las Vegas, one of the first markets into the real estate boom, appears to be bouncing along bottom today as bargain seekers find fewer deals and stiff competition in bidding wars.  I am speaking in Las Vegas today (as I do each year) and am… Read more