Archive for August, 2008

A Trend: Commercial RE Player Embraces Residential

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 […]

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The Real Estate Bubble: What — Mostly Good News?

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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Commercial Real Estate Prices Decline: Is This The Bubble?

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 […]

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Foreclosure Stats: Up Close and Personal

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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The Credit Crunch: The Next Shoe to Drop ….

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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1031 Exchanges: Do you know who’s holding your funds?

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 […]

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Now, Banks’ Subprime Losses Exceed $500 Billion!

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 […]

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Bank Lending Practices Q4 2008 and into 2009

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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