"…said Mike McGonagle, principal with Mac Associates Inc. and writer at Reno Realty Blog." …so stated the Reno Gazette Journal in a story in this morning’s paper. This may be the first time this blog has gotten mentioned in the paper. Mike has been quoted for many pieces in the RGJ, and I’ve asked him to try to get the blog mentioned whenever he is interviewed. He finally came through. Thanks, Mike!
For McGonagle’s insights on the dismal economy’s effects on area developments see the RGJ piece here: Dismal economy puts developments on hold
bob_c
mikes statement that there prob wont be a rebound for a decade seems right on the mark at least for SFR. if you want a residence , hammer out your best deal and enjoy.
the constant bickering is growing annoying and i’d
like predictions of the future NOT an argument of whether the median is an accurate measure (come on the market bottomed for a year—where do we go from here)
HighlyTrainedRealEstateAnalyst
Dismal economy?
Don’t these people know that the recession ended in June of 2009.
Not only did it end – It “Officially” ended. Happy days are here again!
http://finance.yahoo.com/news/Economic-panel-says-recession-apf-2658642411.html?x=0&sec=topStories&pos=main&asset=&ccode=
MikeZ
i’d like predictions of the future
Superb idea.
Guy would you care to start a new thread for this?
I’d especially like to hear others’ opinions: Where are Reno/Spaks home prices headed in the a) next 12 mos., b) next 24 mos and c) how long before home price appreciation returns?