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Featured News
What One Million Foreclosures Really Means
By
Phil Butler
| January 13, 2011
US Real Estate
Big Banks Face Their Toughest Foes - Almost Everyone
By
Phil Butler
| January 13, 2011
Legislators are now being confronted not only by borrowers who say banks are to blame for their foreclosure situation, but investor groups who stand to regain billions. In Washington regulators stand poised to put the screws to the banking industry.
Commercial Real Estate
,
Featured News
Take A Chance On Pittsburgh
By
Phil Butler
| January 11, 2011
The real estate market in Pittsburgh may well take off sometime in 2011. The barometer of economic change for some US cities looks far better than for others, and Pittsburgh has several sectors which bear watching. If the US Steel Tower financial situation is any indicator, the city will either fly or flop this year.
Home Builders/Developer's
Lessons In Developing: Presumption Is A Business Killer
By
Phil Butler
| January 10, 2011
A recent court case in Jacksonville further amplifies why the prospective home buyer is literally begged to do their homework by experts. When real estate developers like Stephen Starke are prone to make multi-million dollar mistakes, so too the single home buyer can foul up big time. A simple phone call is all that is necessary sometimes to prevent losing thousands, even hundreds of thousands of dollars. An ounce of prevention is worth a pound of real estate cure.
US Real Estate
Jobs Down, Home Inventories Up, What Else Is New?
By
Phil Butler
| January 7, 2011
December's dismal jobs numbers combined with an overall increase in home inventories paints a pretty grim picture for the start of 2011. Experts expectations have not been met for months, and still media and the industry is all too often overly positive in their forecasting and evaluation of the situation. Without good jobs, jobs that help pay mortgages, no market will be emerging this year or any year from the greatest recession in 80 years.
US Real Estate
Real Estate Market Forecasts: Are They Inflated?
By
Phil Butler
| January 2, 2011
One economist warns investors of putting too much confidence in the real estate market just yet. One of the world's top portfolio experts, David Rosenberg, says the market is still too mercurial being propped up by government incentives. He warns that the economy and Wall Street are far too dependent still no what happens with the housing market. Are some experts inflating expectations? Without a recovered job situation, there is no chance for the housing situation in the long term.
US Real Estate
Confidence In Real Estate 2011
By
Phil Butler
| December 31, 2010
A report released last week by the National Association of Realtors suggests the housing market for 2011 may be a lot better than previously expected. Existing home sales are up again, and investment in new construction stock is up as well. With jobs and other variables stabilizing, it seems as if the overall outlook is very positive for 2011.
Real Estate
Savannah Georgia Real Estate In Recovery
By
Phil Butler
| December 30, 2010
No region was more seriously affected by the recession than the deep South. Despite bank failures and foreclosures though, one city appears ready to emerge from economic disaster better than before perhaps. Savannah, Georgia is a good case study in how the market levels itself. The supply and price of properties there have apparently caused a turn around now. Real estate listings for Savannah reveal much about what could mean the revival of a once booming industry.
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