Published at: www.lvrj.com
June 25, 2009
The determination of when a market bottoms is based upon the resurgence of a "free selling market" when sellers are not forced to sell and buyers are not buying because of subsidies, tax bonuses and all sorts of market stimulus. Reaching a decision that buyers are now in the market buying forced sales, short sales and foreclosures in record numbers does not signal a return to a free selling market...
Orlando Metro Market Has Bottomed- A Tale of Two Markets
June 25, 2009
The Orlando (Central Florida) market is comprised of two submarkets. N. Orlando and Seminole County S. Orlando, Polk County and Osceola County. N. Orlando and Seminole County are seeing robust demand among consumer bargain hunters as well as investors. One local firm indicated results were up 40% with bargain inventory being snapped up within days (even bidding wars). ...
LAS VEGAS: RESIDENTIAL HAS FOUND THE BOTTOM
June 23, 2009
May housing data strongly suggests that Las Vegas will experience a bottom to the residential recession in the 2nd quarter of this year.