NAR summarizes NY Times article on homebuyer tax credits – expensive but they worked.  The linked article estimates that more than $8 billion of payments (through February 2010) went to people that would have purchased the home regardless. http://www.realtor.org/RMODaily.nsf/pages/News2010042801?OpenDocument

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

5 Million Square Feet Absorption by Year End in DC Alone As the government becomes the lone bright spot for office demand (see the Globe Street article ), it relays to the taxpayer that growing government cannot be tamed or shrunk at will. What is… Read more

An article from the Mortgage Bankers Association finds some less than rosy expectations for commercial real estate in 2010. Approximately three of every four commercial experts surveyed expect the following in 2010: Rents to decline Interest rates to rise 60 percent expect a full market… Read more