Real Estate Outlook: Buyers Off the Sidelines, an article from RealtyTimes.com, reports that there is evidence that buyers who'd been sitting on the sidelines are now making their way into the housing market.  According to the Mortgage Bankers Association of America's national survey last week, applications for new, conventional loans to buy houses jumped by 11% and applications for FHA insured mortgages were up by 17%.  With home prices sharply discounted in many of the former boom markets, and down slightly in many other areas, smart buyers are recognizing that it's time to make their move.  Something to consider is to keep an eye on the mortgage rates.  Last week, the MBA reported a sudden jump in rates.  Also, the Fed is signaling that it may not cut rates again for some time.  If buyers are thinking about picking up steeply-discounted real estate and financing it with cut-rate mortgage money, they might want to lock in their deals sooner, rather than later.
http://realtytimes.com/rtpages/20080619_realestateoutlook.htm
 
Additional articles that you may find of interest:

Apartment vacanies statewide drop from 2007
http://blogs.rockymountainnews.com/rebchook/2008/06/apartment_vacanies_statewide_d.html

Cost of gas is influencing housing purchases
http://www.msnbc.msn.com/id/25248247/

Holding Property in an LLC Just Got Tougher
http://realtytimes.com/rtpages/20080619_holdllc.htm