The commercial real-estate mess is clobbering lots of investors. Few of them are reeling as much as the 27 owners of 1023 Cherry Road in Memphis, Tenn.
via WSJ.com.
Feb 07
Investing in the path of progress is not a particularly novel concept. The railroad barons made an art of it back in the 1800s – locking up vast tracts of lands before the first tracks were laid, all but guarantying a huge fortune once the infrastructure was completed.
Feb 07
If you have a good job and good credit, the next few months might be a good time to go house hunting. Fence-sitters take the risk that Congress may let a rich tax credit expire, and that interest rates may rise. Buyers and sellers should consider the following factors as they consider jumping into the housing market.
via RISMedia.
Feb 07
Compassion is the basis of all morality.–Arthur Schopenhauer (1788 – 1860)
Feb 06
The best way to learn is by doing. So what is better than exercises that will teach beginners the skills they need to become successful in real estate? Not only that, but they can be done fast and with very little expense. If you are a beginner real estate investor and dying to learn the business, the series of learning exercises I am providing are a must. Everyone can learn from these exercises so by all means, take this challenge and sharpen your skills.
Feb 06
Dennis Smith, president of Home Builders Research, said short sales will be the “story of the year” because of the effect they will have on the housing market.
via Calculated Risk
Feb 06
For public real-estate companies, spending money has turned out to be harder than raising it—even as some signs point to a pickup in big property deals.
Real-estate investment trusts sold $24 billion in new stock last year, raising hopes the companies would be able to profit from commercial-property distress by picking up high-quality real estate at bargain prices.
via WSJ.com.
Feb 06
Every life is a march from innocence, through temptation, to virtue or vice. - Lyman Abbott
