National Association Of Realtors
I have just returned from the “Mile-High City” where they have altitude, medicinal marijuana and a pretty decent real estate market. I was at the annual National Association of Real Estate Editors conference where, for four days, we nutcakes who obsess about real estate lived and breathed it 24/7, consuming information. And alcohol. The main take-away: enjoy that drink. Significant declines in the number of homes for sale in many U.S. markets, and fewer foreclosures (or foreclosures on hold) are boosting the country’s battered housing market. I spoke at length to two of my favorite economists, Stan Humphries of Zillow, and Mark Fleming from CoreLogic, who gave me this zippy summary up in the hospitality suite of the Brown Palace Hotel:
Read MoreI LOVE this column from HousingWire. As I said earlier, I think “maybe bad boy” Herman Cain is the only Repub candidate who has said anything remotely intelligent about solving the nation’s housing crisis, which is a major constipator of our economy: housing is 5 or 6% of the GDP. Nationally foreclosures are on their way up,…
Read MoreGood news from the National Association of Realtors — home sales across the country spiked up in August. Of course, they should: August is always the busiest real estate month of the year, when families want to buy homes and get settled before the school year. Dallas residential sales were up by a whopping 29.1%,…
Read MoreUpdate: At that Vail meeting with Kelcy warren et al, The Daily Beast is now reporting that the Koch brothers compared President Obama to Sadaam Hussein. He is picking up money like crazy. On the Perry bandwagon now apparently is energy billionaire Kelcy Warren, he of pipeline magnate Energy Transfer Partners, and owner of one of…
Read MoreIs Dallas getting to be a city of more renters than home-owners? And why is it harder to find homes to rent than to buy? A friend, a high-profile Dallas photographer, emailed me this very question. When it comes to finding real estate, there are more sites than stars out there where you can search for real estate.…
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