The Great Home Default
By: Myles, October 31st, 2008
The Pew Charitable Trust has just released a comprehensive 54 page report entitled:
Tags: foreclosures
By: Myles, October 31st, 2008
The Pew Charitable Trust has just released a comprehensive 54 page report entitled:
Tags: foreclosures
By: Myles, October 22nd, 2008
The next shoe? If and when something is going to drop, you should know about it, beforehand, so that you can be proactive and strategic in your investment and management positions.
After years of plunging residential property valuations, commercial real estate (CRE) is now heading into the danger zone as –office vacancies rise, stores close and hotel bookings fall.
All of […]
Tags: commercial real estate
By: Myles, October 22nd, 2008
As reported today in the Baltimore Sun, after two years of work, the Harford County Council unanimously approved (7-0) last night an overhaul of its decades-old zoning code.
Real Esate Opportunity >>Harford is bracing for BRAC, which is expected to bring about 20,000 new jobs to Harford by 2011.
More than $1.3 Billion Dollars in federal money is […]
Tags: BRAC, Hartford County
By: Myles, September 17th, 2008
Gerald Baker of the TimesOnline puts a very interesting spin on the recent financial events, which have dominoed. In Bakers article, Crisis may prove cathartic in the long run, but the worst is not over, he states that:
Yesterday a couple of the world’s most famous financial institutions sank without a trace, one of the world’s […]
Tags: Current State of Affairs
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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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 […]
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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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
By: Myles, July 30th, 2008
The omnibus housing bill, otherwise officially know as Foreclosure Prevention Act of 2008, passed in a 72-13 vote Saturday (July 26, 2008), the Senate concurred with previous House amendments to HR 3221.
In effect, the passing of this bill, grants the Bush administration’s request to give the Treasury Department the temporary authority to buy an unlimited amount of the […]
By: Myles, July 24th, 2008
When searching for answers regarding the workings of financial markets – past, present and into the future – it is often wise to turn to The Wharton School, one of the most well respected academic institutions, for insights.
In a thoughtful piece entitled, Collateralized Damage: Commercial Mortgage Securities Are at a Standstill, the on-line journal, […]
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