Archive for August, 2008
By: Myles, August 27th, 2008
So is this a trend? As reported in Commercial Property News (CPN) by Scott Baltic, although not necessarily a trend just yet, it is likely more than coincidence that the Kolter Group of West Palm Beach, Fla., is the second largely commercial real estate company in the past couple of weeks to announce a big […]
Tags: Residential Real Estate Investment
Posted in Home Builders, Residential Real Estate, Developers, Market Trending, Commercial Real Estate |
By: Myles, August 24th, 2008
I am about to show you how, when it comes to the real estate bubble in the U.S., there is actually a whole lot more good news than bad. For real.
Would you believe that for more than 80 percent of the states, there is no bubble at all. Read on …
As real estate professionals, […]
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Posted in Attorneys, Bankers, Historical Perspective, Market Trending, Commercial Title Companies |
By: Myles, August 21st, 2008
According to the Blog ResearchRecap, concerns about the commercial real estate market bubbled as triggered by a June 2008 report from Standard & Poor’s: CMBX Index Causing Commercial Real Estate Capital to Dry Up.
As reported in SeekingAlpha, U.S. commercial real estate prices as measured by Moody’s/REAL Commercial Property Price Indices (CPPI) fell for the fourth straight […]
Tags: Commercial Real Estate Prices
Posted in CMBX, Attorneys, Bankers, Commercial Title Companies, Commercial Real Estate |
By: Myles, August 15th, 2008
Are things getting better? The news certainly is not good, but the question is whether there is lemonade amongst the lemons …
U.S. foreclosure activity in July 2008 increased 8 percent from the previous month and 55 percent from a year earlier, July 2007, according to the RealtyTrac Foreclosure Market Report released today.
Bank Repossessions (REOs) […]
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Posted in Residential Real Estate, Delinquency Rates, Foreclosures, Subprime, Attorneys, Historical Perspective, Bankers, Market Trending |
By: Myles, August 13th, 2008
Could things get worse? Well, according to a piece by Les Christie of CNNMoney.com, the answer may be yes.
Turns out, prime mortgages are starting to default at disturbingly high rates - a development that threatens to slow any potential housing recovery.
Here is yet another strong and very expert view who says — you bet: […]
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Posted in Delinquency Rates, Alt-A, Residential Real Estate, Subprime, Mortgages, Bankers, Market Trending |
By: Myles, August 13th, 2008
When it comes to 1031 Exchanges, beware. Do you know who has been entrusted with your money? A recent report in the Wall Street Journal article highlighted a rash of 1031 exchanges companys that have stolen investors’ funds and used them to fund an expensive lifestyle.
1031s Loosely Defined: Thousands of real estate investors have used […]
Tags: 1031 Exchanges
Posted in 1031 Exchanges, Attorneys, Bankers, Commercial Title Companies, Commercial Real Estate |
By: Myles, August 12th, 2008
Today, Bloomberg News reported that 100 of the world’s biggest banks losses from the U.S. sub-prime crisis, and the ensuing credit crunch, crossed the $500 billion mark as write-downs spread to more asset types.
Further exacerbating the situation we now see that auction-rate securities have begun adding to the losses as regulators and prosecutors force banks […]
Tags: Subprime Losses
Posted in Subprime, Delinquency Rates, Bankers, Mortgages, Historical Perspective, Market Trending |
By: Myles, August 12th, 2008
Much of the news over the summer of 2008 has been negative, somewhat depressing, and duplicative. Unfortunately, our post today is much of the same, but there comes a time when there is just no way to avoid the news. The truth is that we need to know how to set our course in the days to come.
As reported […]
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Posted in CMBX, Subprime, Residential Real Estate, Delinquency Rates, Real Estate Brokers, Bankers, Market Trending, Historical Perspective, Mortgages, Commercial Real Estate |