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This is a special edition of Real Estate Perspective to
share with you links to important analysis that has
appeared in a few publications recently to assist you in
making the best real estate decisions possible.
The national and international economic problems that grew
after the subprime mortgage debacle appear likely to
continue for some time. Efforts to solve them are
inhibited by "gridlock" in Washington DC. Real estate
assets are a major portion of the US
economy. Substantial numbers of residential and
commercial properties have mortgage balances that exceed
their current values and the prospects for increases in
those values are dim at best.
http://theweek.com/article/index/221962/real-estate-crisis-america-underwater
Remarkable that the National Association of Home Builders
seems to believe that even with the problems described
above, a home should always be able to sell for as much as
it costs to build.
http://www.nahb.org/news_details.aspx?sectionID=148&newsID=14186
Commercial mortgages have been reported much less lately.
http://www.nytimes.com/2011/06/29/realestate/commercial/commercial-real-estate-lenders-step-into-riskier-deals.html?pagewanted=all
http://www.rebusinessonline.com/main.cfm?id=20832
http://www.crenews.com/index.php?option=com_content&task=view&id=74145&Itemid=1
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