Residential Real Estate

Today started out well with my E&O Insurance Agent telling me next year's premium was going to be about the same. Phew! I was worried about that one because other RE Brokers have been saying their rates had gone up as a result of the 4 out of 5 commercial properties in Las Vegas are currently REO properties -- Foreclosed property.

Then, this afternoon, I emailed a real estate investor who had been sitting on the sidelines waiting for the LV bottom. Thinking we are pretty much there, my inquiry got replied to with a resounding: No!

Okay, I didn't really cry. But, it felt as if i should.