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Kenneth EganNovember 28, 2008
NAR--Not At-all Realistic
Analysis of: Consumer Search Trends Show Increased Interest in Real Estate by Potential Home Buyers | www.marketwatch.com
Author: Kenneth Egan, Broker and Realtor, Re/Max All Cities Realty
Eventually their lack of honesty destroys their credability. Prices are still to high to encourage buyers.
Kenneth EganNovember 27, 2008
Dream on !
Analysis of: Consumer Search Trends Show Increased Interest in Real Estate by Potential Home Buyers | www.marketwatch.com
Author: Kenneth Egan, Broker and Realtor, Re/Max All Cities Realty
hits do not equate to demand.  Could be looking for comps for foreclosures. There are still 2M built and vacant homes and condos, and "prices"(asking price) have not dropped to where they need to be for a healthy market.  
Kenneth EganOctober 10, 2008
More patience is required
Analysis of: Bend Bulletin | www.bendbulletin.com
Author: Kenneth Egan, Broker and Realtor, Re/Max All Cities Realty
As prices go down, sales will go up. A former "hot" RE market is still desirable--fundamentals do not change
Kenneth EganOctober 10, 2008
Banks need a catalyst for action
Analysis of: Default Notices continue to pile up | www.bendbulletin.com
Author: Kenneth Egan, Broker and Realtor, Re/Max All Cities Realty
Banks are between a rock and a hard place.  They need to be pushed to mark to market their troubled loans Until these loans get cleaned up, there will be total stagnation in the markets, both credit and housing. 
Kenneth EganSeptember 3, 2008
It Ain't Over 'till It's Over
Analysis of: Market Report: Sunshine State? | www.multihousingnews.com
Author: Kenneth Egan, Broker and Realtor, Re/Max All Cities Realty
We are still years away from any turnaround in the RE market. Prices will drop to 2000-2001 levels before confidence is restored. Affordability is not where it needs to be, and "investors" are gone.
Kenneth EganAugust 28, 2008
The other side of the coin
Analysis of: Some Fear Commercial Property Loans Will Be Next Stage in Downturn | www.nytimes.com
Author: Kenneth Egan, Broker and Realtor, Re/Max All Cities Realty
Good points, but a lack of industry oversight and planning make this a fact of life. Where is the economic planning in the U.S.A.? Relationship building is a key element of business.
Kenneth EganAugust 28, 2008
When data is vague or inconclusive, look at the real world
Analysis of: July Existing-Home Sales Show Gain | www.realtor.org
Author: Kenneth Egan, Broker and Realtor, Re/Max All Cities Realty
More loans are going into default and foreclosure, not only of the borrower, but now the builders are running out of cash. The downward spiral is not yet at midpoint, and will continue down for several years. What makes one think that prices will trend up in general, at any point in the next several...
June 5, 2008
CDD's aren't all their cracked up to be...
Analysis of: Residential real estate set to double | www.business24-7.ae
Author: Carl Streck, Principal, Trinity Development Group
For years developers were utilizing this public finance tool as a way to drive up their bottom line while passing on the infrastructure cost to the end homeowner. This is a thing of the past.
Kenneth EganMay 9, 2008
Why is Anyone Surprised?
Analysis of: Land writedown hits DR Horton | uk.biz.yahoo.com
Author: Kenneth Egan, Broker and Realtor, Re/Max All Cities Realty
We are Reaching a Point Where Public Corporations cannot hide from the market facts--we are also just at a midpoint in the overall RE crisis, and there is more writeoff to come. With 2.3M vacant homes in the U.S., we will continue to see downword price pressures until this number returns to well...
Kenneth EganApril 29, 2008
Very Enlightening adn True
Analysis of: The Bottom Is Up Ahead | www.washingtonpost.com
Author: Kenneth Egan, Broker and Realtor, Re/Max All Cities Realty
The government is powerless. Wall Street is delusional. The financial system is in trouble, AND IT WILL GET WORSE.

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