As the markets and lenders are worried about the coming wave of defaults and refi troubles in the commercial markets, it appears with falling prices and historically low lending rates, the residential markets actually heating up, while not a bad thing, I would really like to see the prices stop falling.

At this point you can not buy the dirt, lumber and nails for what you can buy a finished property for. People the sky is not falling ! Let's try confidence, we can fix this.

Good Morning, if your are a CRE professional and you happen to be in Las Vegas today there is a place you should be, the National Apartment Association Conference at the Mandalay Bay Hotel. It looks like it will be a great place to learn the news information and management techniques on how to run your multi-family properties more effciently. I am going to stop by and talk to some vendors, participants and take a few photos to bring it back to REIJ2.0

Troy