Now that I do the SoCal market has of course rebounded.

Michigan was the first to be hit and i believe we will be the first to see the rebound start to come but it will take longer than most states to fully recover here. we have seen a little inflation in the housing market up here but i assumed it was first time buyers trying to get the tax credit.

I had a project behind the outlet mall. started and the perfectly wrong time.07  60 unit townhouse project we built 6 and sold those and still have the land waiting for the rebound Oregon coast is still pretty soft compared to RED hot PDX metro.But on the rental side I still get calls on my old sign there that is laying in the weeds asking if I have any rentals..

Market is cooler than Vegas, but Chicago has started to and *should* rebound.

Boosting existing property values , and thus household wealth, in lower middle class neighborhoods and giving the construction sector a chance to possibly rebound will really ignite a regional economic recovery.Another area I'd like to see some creative thought on is on getting long term vacant commercial repurposed or demo'd.

I have been investing for 14 years now through the run-up in the early 2000s, the financial crisis and the rebound.  

Then they rebounded like a coiled spring. 

Now that does not make sence I know, but interest rate can only go up and as employment rebounds and as the nay sayers get quiet, more people will regain confidence and begin considering a home purchase, IMO, so as that happens prices should stablize and begin to rise...so, at the same time, you'll have rising interest rates and home prices.

It makes me wonder if people who aren't savvy enough to do their own analysis will still rely on Zillow once the market starts to rebound?

Although this rebounded by 4.3% by January 2015, the total increase was only 1.2% annually over two years.