What Were We Excited About Again?

Boston Housing Prices Showing Signs of Life (Photo credit: Matthew Simoneau)

I like to look back at what professional committees have stated in the past about real estate markets to assess if they have learned anything about the instability of the real etate market. Looking at this report from a few years ago, it's clear that they have not:


The Office of Federal Housing Enterprise Oversight (OFHEO) analysis of the housing market points to strong growth nationwide over the past year: “Average home prices increased 12.50 % from the first quarter of 2004 through the first quarter of 2005.” The Feds even forecast a strong increase in housing prices: “The HPI shows the rise in house prices continues at an extremely strong pace…”

For those of us investors in the Nevada market, we continue to see strong growth: “The biggest price increases in the House Price Index (HPI) during the past year occurred in Nevada, with a 4-quarter increase of 31.2 percent.” Reno experienced a 31.78% appreciation and Las Vegas experienced a 33.25% appreciation in one year. Nevada also has the second lowest Annualized Volatility Estimates in the Nation at 0.0682


At the time, that was excellent news for anyone looking to invest some of their life savings. Of course it's always better to deliver good news to increase investment and stimulate economy, but doing too much of that is puts our entire world economy at risk when there's not much to be happy about.

Related articles

• Toronto housing market still frothy as new home prices rise

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Oregon Sports

English: Great Seal of the State of Oregon Español: Sello Estatal de Oregón (Oregón) (Photo credit: Wikipedia)

Right now we're in the downswing of college sports, which makes it a great time to make some predictions. Notably, how will University of Oregon and Oregon State fair this season? Tough to tell as always, but I have some optimizime for both. For once, USC isn't the annoying and dominant team to beat, and the conference has more diversity than it ever has had in the past. Oregon State proved last year how they can upset anyone, and Oregon has the potential to make it to the national championship. With the potential introduction of a playoff bracket for the title, Oregon schools get a better chance to make it all the way. Quite excited for the fall sports season, but for now, I'm happy for the great summer weather.

Corvallis Oregon Fire Departments

Fire departments offer much more than home safety from the dangers of fire.  They provide safety services and education throughout their communities and are often the first on the scene in any sort of medical emergency. Therefore, we've put together a short list of fire department websites around the Corvallis, Oregon area.

Adair Rural Fire & Rescue
Albany Fire Department
Bend Fire Department
Corvallis Fire Department
Lebanon Fire Department

This post was contributed by Coldwell Banker Valley Brokers, offering homes for sale Corvallis Oregon.