You do this through inventory levels and driving the neighborhoods.Second, you must know what comps to use, what comps to toss, and of the used comps, how to adjust for accuracy.

Interesting article.Personally, I'd steer clear of any sort of funding - there are enough places in Europe (for the gamblers) or Asia (for the growth-oriented) to be able to avoid any sort of debt.

Thanks for helping us grow the community, Nick!

When you let your emotions drive your decisions you are more susceptible for deals which are not in your best interest.

We see it as a very good long-term growth area.Mike P.

Interest rates have some effect or influence, but there are a number of other factors (unemployment, economic outlook, population growth, household creation/consolidation, consumer confidence, tax codes, etc.) that are more powerful in determining housing prices.

Do the math on a few decades growth, tax deferred, at 20% and you can see why I'm a fan.

To bad, it cost me a ton, had two single investors that would buy my deal with the husband and then use the right of possession to move in with the wife and drive the wife crazy until she sold, husbands would sell for pennies when they heard the plan, was almost an automatic deal every couple of weeks.

BAC issued a lot of debt (roughly $240B increase in 2009 over two years... that's $240,000,000,000) and these increases were attributable (per BAC SEC filings) to support growth in overall assets and enhance BAC's liquidity as well as finance the Merill Lynch acquisition.

Drives me nuts...