Why the American Dream for Many May No Longer Be Owning a Home — Excellent Article on Home ownership And The Impact When Incentives For People to Own Blinds Them From the Associated Risks Rethinking Part of the American Dream- WSJ Hyperlink the above with… Read more

Home building craters after tax break expires

Location and High-End Homes In Demand According to Wall Street Journal. People Still Have Money in Their Bank Accounts–Now They May Be Spending it.

Experts see underlying weakness in housing Despite a surprising surge in home sales reported this week experts say the housing market’s spring fling has been fueled by now-expired tax credits and is unlikely to last.

Here is a quarterly Commercial Market Cycle analysis, Market Cycles Q1 2010, prepared by Dr. Glenn Mueller.  This covers more than 50 major cities and includes offices, industrial properties, retail and hotels.  Please feel free to distribute this but do give Glenna and Dividend Capital credit…. Read more

MBA Reports That Home Purchase Applications Fall to a 13-Year Low — It’s Getting Uglier Out There Folks Today’s signed home purchase contracts become next quarters closings (where the real estate transaction industry gets paid).   And the news is not good.  Applications for home purchase… Read more

Economists Forecasting Home Prices to Rise 12 Percent in the Next Five Years (But In My Opinion, That Would Not Even Cover Inflation)   Wall Street Journal Article Economists in this survey are forecasting a 12 percent price recovery in the next five years.  If that is… Read more

It’s not just the house loan that is taking a toll on borrowers, but the car loans, credit card balances and college loans.  Typical homeowners getting loan relief under the President’s initiatives spent 44.8 percent of their pretax income on housing prior to loan modification,… Read more

Just-released Spring edition of NAR’s Commercial Magazine Commercial Connections. See page 12 of NAR’s Commercial Magazine for my article on commercial real estate values and cap rates.  Bad news is that commercial real estate values have plummeted.  Great news is that transaction volume will increase… Read more

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