02/12/2010

simonepeer

What's this mean for investors???  Take a read and post your comments.

Required Skimming: Massive Commercial Real Estate Foreclosures Coming

By Tiernan Ray

Not to be high-handed about things, but the Congressional Oversight Panelwatching the TARP investment has drafted a document it might be good to be acquainted with: “Commercial Real Estate Losses and the Risk to Financial Stability.” (link: http://cop.senate.gov/reports/library/report-021110-cop.cfm )

The report, released yesterday, is about 200 pages, but the two-page executive summary (link: http://cop.senate.gov/documents/cop-021110-report-executivesummary.pdf ) lays out the essentials: About $1.4 trillion of commercial real estate loans are coming due between now and 2014, and half of them are under water.

That could put a $200 billion to $300 billion burden on small banks who lent money for local shopping malls and such. And there’s no easy way to predict how many foreclosures there will be.

(Quoted from Barron's - 12 Feb 2010)

Commercial Real Estate | Real Estate | Investing | Economy | Business | Foreclosures

04/29/2009

tcre

Hi everyone,

What do you all think about this crazy market and now the flu. Things can't get any better.

Now people in Central Texas are talking about moving back north since Mexico is next door to Texas and now there is one death in Texas.

People are looking to get out and don't know what to do. Prices are dropping in the real estate realm.

A commercial property that is appraise at 900k. I have it under contract for 200k. Can't get better then that.

Please give your inputs in how is it going in your local city or state.

Business | Financial | Real Estate | local | Economy

10/31/2008

beezo

Looks like we've been featured in a front page story on the Bloomberg website.  Apparently, the nation is pretty interested in our little community down here.

For those of you who don't know, Austin had a new retail development go up called The Domian.  It currently has a Neiman Marcus, Nordstroms, an Apple Store, a Starbucks and few other major retail names.  It's like a little outside mall and, so far, it looks likes it is a powerful draw for consumers.

Business

09/29/2008

beezo

There's not a whole lot of magic about supply and demand.  If demand is high, a low supply will result in a high costs whereas a high supply will result in low costs.  Because of the abundance of products in the marketplace, our economy is demand driven.  Meaning, if demand is low, it really doesn't matter what supply is because the price will be low.

Economy | Business

09/24/2008

beezo

This article over at the MSNBC website caught my attention.  In it, the article touches on a few individuals who have money invested in the stock market and are currently asking themselves whether it would be good to get out now, or ride it out.

I suppose what really grabbed my attention was the headline of the article; "Wait-and-hope strategy for some investors."  The reason this caught my eye was that investors don't "wait-and-hope," speculators do.

Financial | Business