Just wondering if anyone here has been able to correctly predict cities that were on the rise and what signs within the cities signify that it is on the up swing?

I read an article today that said that jumbo loan foreclosures are on the rise here in Colorado.

Because of this I think that the demand for 1 bedroom apts will drop and 2 and 3's will start to rise.

Historically, appreciation has almost exactly tracked inflation, except for major disruptions (great depression, easing of lendering after WWII, and the 2000's bubble).

I would agree, Naperville is one of those areas where home prices were being inflated by the month.

Now a Renters' Market Marcus & Millichap is to release a separate report on Friday that forecasts a further 2% to 3% drop in apartment rents over the next year, most of which will be concentrated over the next six months.This is one of the unintended consequences of government policy: rising rental vacancy rates, falling rents, more losses for CMBS investors and local and regional banks, more bank failures, downward pressure on CPI (rent is largest component of CPI) ... and eventually more downward pressure on house prices as the massive government support for house prices slows (because of the price-to-rent ratio).

it paid for them to inflate values, hence the crooks are barely hanging on now... what is nice about RE is that everything is stored for future reference and sooner or later all of the crooks will have to pay for their dirty deeds... you can run, but you cannot hide... forever!!!

I read an article today that makes me more nervous about a recovery.Associated Press-- Inflation adjusted wages rose till about May 2008.

Units: 163# Building Size: 130,487 SF# Price/Unit: $24,539.88# Property Type: Multifamily# Property Sub-type: Garden/Low-Rise# Property Use Type: Investment# Cap Rate: 11.10%# Occupancy: 94%# No.

This made investors seek out conventional and VA buyers, leaving the FHA buyer out of luck.To protect FHA borrowers against predatory practices of "flipping" where properties are quickly resold at inflated prices to unsuspecting borrowers, this waiver is limited to those sales meeting the following general conditions.