Notwithstanding a lot of negative information about housing prices, I believe we will see stabilization in the markets by mid-year. Here is my thinking: The speed in which our economy crashed (housing and stock prices) is unprecedented. There were no economic models to predict what happened. Once the decline started, the fuel
Four years ago when I was writing snail mail newsletters, I wrote one about residential real estate agents. I opined that there were far too many agents in the business and that many of them were unprofessional. The hate mail I got was amazing. Today, as thousands of fringe agents leave the business, those who remain will be individuals who see
Bad Idea. Unless you absolutely MUST sell your home now, don't even put it on the market. Here are my reasons: 1. Buyers are all looking for a steal. They can read the papers just like you and me and they see that median home prices are, on average, down 20% from 2006 peaks. And, in certain areas of the country, the decline is more like
Some journalists have been suggesting that values in commercial real estate will be the next to crash - following housing and dragging the U.S. economy even further into a serious funk. Prior to giving you my opinion, I'd like to give you my resume: before I turned to journalism (writing, teaching and speaking), I spent 30 years as a real
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