Many markets are having above average monthly gains which point to a recovery but is this simply a bubble for the summer time and buyers purchasing before FHA changes??

My daughter is an interior designer for professional athletes.

As for the US...this is more like the most lazy & tepid economic recovery we known in our lifetimes.

Well on the eastside where Mr Taylor is talking about are lawyers, doctors, college professors, mid to high level executives, and athletes ( Packers / Brewers / Bucks ).With that said, I believe its resident living versus vacation property.I would suggest you have a list of completed work to property for the appraiser.www.biggerpockets.com/forums/67/topics/81768-how-does-an-appraisal-get-above-compswww.biggerpockets.com/forums/67/topics/78936-what-the-heck-is-going-on-with-appraisers

I think what needs to be communicated is that real estate cycles do not all occur at the same time.You have different lag times of recovery and peaking for residential, versus 2 to 4 unit duplexes to quads, larger apartment buildings, single NNN buildings, multi tenant strip centers, hotels, office, industrial, development etc.Once you understand this there is usually some kind of possible opportunity to exploit in the marketplace.

Principal is discounted when the collateral can not afford the recovery of those advances, fees, interest and principal.  

If you love the outdoors then this is place for you as Colorado Springs has been ranked in the top 5 most athletic / fit cities to live in.

The cost to maintain them is also higher due to EPA regulations around refrigerant handling (licensing, recovery/recycling, etc.)The maintenance costs of these units, therefore, may be higher in the long run than shelling out now to replace them with newer technology systems.

Agreed with this...I think many markets won't see a bump until next Spring, but I'm not sure that there is a lot of room to drop except in the big markets that saw a huge run-up the last decade.So, for many markets (including my own), I predict small declines for the next 12 months and then a long, slow recovery...

Experienced investors play a key role in the housing recovery (duhhhh!)