Summer Madness

I think that most dogs get LESS exercise and fun during the summer than most people would think. It's hotter, so people are less likely to take their dogs outside. It's nicer, so people are more likely to do other things that often don't include the dog. Kids are off school, so vacations are planned and the dogf isn't included. All a shame. Dogs need to be considered and incorporated into all this stuff, provided they can be made safe.

Real Estate Investment... Now?

With the horrible way the economy is being managed and regulated by the Obama administration, it's a wonder that there is any activity in the real estate market. Until we get back to free market principles in our government, nothing is going to work right. Barack Obama is the worst President the US has ever had.

Is Washington DC real estate poised for a rebound?

Demand for homes in the Washington DC metro is now outpacing supply, The Washington Post’s Elizabeth Razzi reported today. The inventory of unsold homes in June dropped to a healthy 5.1 months supply, according to a report from the local multiple listing service and Delta Associates. This is the amount of time need to sell the homes on the market at the current sales pace. Experts say a market in balance has about 6 months supply. Anything below that is considered a buyer’s market.

I am sure we are past the bottom of this market. Investors are popping up again, and real estate is starting to move again. There is the potential to make a million bucks on wise investments.

Valley's home market No. 1 for price increases

"The good news: Home prices soared 55.2 percent across metropolitan Phoenix in the past year, making it the nation's hottest housing market. The reality: The Valley's biggest home price run-ups are behind it. The area's housing market likely peaked during the September 2004 to September 2005 period, because in October, home prices fell slightly. It was the first dip for Valley homeowners in almost two years."

Skyrocketing Prices The Result Of Over Regulation of Development...

As home prices hit new highs, a statewide real estate organization reported this week that Californians in general cannot afford those homes. ...

Over-regulation of real estate development is severely limiting the supply of land for new home development. Once prices get high enough, and they are almost there, the high cost of real property is going to kill off California's economic engine. This same trend is happening in Washington State, with the passage of the Growth Management Act about 15 years ago. Both states are in for a rude awakening in the not too distant future. More and more businesses are considering moving out of those states to more business- and housing-friendly states and communities.

Stay tuned.

Real Estate Times Are Changing

Although a continuous flow of capital has kept the real estate industry stable overall, growth over the next year is likely to be more moderate compared to the robust levels of recent months, with much depending on what happens with a variety of factors such as consumer spending, energy prices, housing demand, job growth, corporate productivity gains and inflation, according to Emerging Trends in Real Estate(R) 2006, just released by the Urban Land Institute (ULI) and PricewaterhouseCoopers LLP.