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Category Archives: The Economy

Jump-Starting the Economy

Jun 17, 2009
This great idea came from the CEO of Realty Trac, James Saccacio. The problem with most all of the stimulus programs is that they are helping out the 2% of borrowers that got in trouble and can’t affo [more]
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May Luxury Sales Up!

Jun 03, 2009
May brought more activity in the luxury sales market and it was really needed! April statistics show just 12 homes selling over $1,000,000 in the entire marketplace. May had 16, a 33% improvement. Of [more]
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Why Reduced Home Construction is Good for Re...

Feb 09, 2009
Home construction is at a 50 year low with both permits and starts plunging to levels not seen since 1959. The recent drop off in permits suggests that further declines are ahead. Meanwhile, home-buil [more]
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How will the Election Affect Real Estate?

Jan 20, 2009
The inauguration has created quite a buzz for our great nation. How will this historic event affect the value of our homes? The simple short term answer is that it won’t. However, the more impor [more]
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The Real Estate Sky is NOT Falling!

Oct 27, 2008
The real estate sky is NOT falling! The Las Vegas economy has weathered downturns in the past, and although this one may be the most severe we have had, we have a resilient community and we will perse [more]
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Things I Wish I Had Done

Aug 16, 2008
I wish I had invested in Microsoft Stock when it went public in 1986. I wish I had not used that Mickey Mantle baseball card my father gave me on the spokes of my bike. I wish I had taken that trip to [more]
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