
Real estate news and views from around the globe that make you go, “Really?”
- BULLISH: 35% of high-net-worth investors surveyed say they plan to increase investments in real estate (OnWallStreet)
MORE HERE!
- BEATEN: Banks feel pain of failed Myrtle Beach real estate deals (CharlotteObserver.com) MORE HERE!
- BANG! U.S. banks already taken two-thirds of up to $2.6 trillion in credit losses, Goldman Sachs said. (Reuters) MORE HERE!
- BUSTED: Dubai’s debt woes could further unhinge an already fragile U.S. commercial real estate market (Reuters) MORE HERE!
- BELTED: Canada’s Toronto-Dominion Bank has big exposure to troubled U.S. commercial real estate market (Globe and Mail)
MORE HERE!
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Who doesn’t want more real estate.
Who doesn’t want more real estate.
Bank of America
Wells Fargo
Freddie
Fannie
Citi
JP Morgan Chase
Shockg- You may be correct at a mirco level. However, I think a few people willing to buy does not add up to a RE bull market.
Nov. 30 (Bloomberg) — Individuals with more than $800,000 to invest plan to increase their property holdings because they foresee better long-term returns than from stocks and bonds, according to a Barclays Plc global survey.
Twice as many people plan to raise their investment in commercial and residential property as intend to reduce it, the Barclays Wealth unit said in an e-mailed statement today. The richer the individual, the greater the proportion of wealth is placed in real estate, the survey found.
Some of us low worth investors would also like to increase their real estate holdings. But there are too many “For Lease” signs for me to buy. What good is a bargain price if I can’t rent it out? Kind of defeats the purpose of buying an investment property.
Doesn’t that mean 65% of HNW investors do not plan on increasing investments in real estate?
Have they heard of Santa Ana?
the banks can’t hold them forever!
Yeah and the Market needs them because so many want a home right now.
I nominate shockg for fed president– WHY
because as dumb as shockg is- hes like albert einstein
when compared to ben bernanke– heres the proof
http://www.politics.ie/foreign-affairs/83099-bernanke-why-do-we-still-listen-guy.html
why isnt bernankes total incompetence front page news on
every newspaper in the nation?
I nominate Illegalpleasures for President of the United States.
is it possible to get investors interested in buying property in kenya?