Forrest’s Blog

 The race to the final December 2007 closings certainly lacked the enthusiasm generated by Kinky Friedman’s run for Governor of Texas in 2006.  Both ended up about the same way . . . failing to excite anyone with results.  But Kinky at least, had the distinction of being the first independent in 154 years to [...]

Let’s begin with some good news!  However, that will have to wait until we congratulate Lee Barrett on becoming a certified CRS instructor on his first attempt during the NAR Convention last month.  Congrats Lee!! 
Now for the good news! First, the single family residential (SFR) resale closing numbers for November are pretty much on par with [...]

Anyone who has been following the Las Vegas real estate market knows that September 2007 closings were the lowest in a decade.  Meanwhile, the resale inventory remains close to 30,000 homes.  So, what can we learn from the September stats about the underlying condition of the Las Vegas market. 
 First, download and take a look at:  [...]

I already know that many of you are taking exception with the very title of this blog.  
Be patient, control yourself, and let me express my grave concern with the label “Buyer’s Market”.  In fact we need to discuss the dangers associated with putting any labels on any market condition.  Why?  Well, the primary reason is [...]

In Part 1 of this series we discussed the nature and objectives of the real estate “Flipper”.  Flippers are really one specific type of short-term investor or business that relies upon the old formula of buy-low, upgrade for maximum return using the least amount of capital, then sell-high.  But what about the short term investor [...]