How Will Commercial Real Estate Handle the ‘Obama Effect'? CRE Executives' Reactions Run the Gamut from Hopeful to Pessimistic. But the Industry Promises a Full Agenda For the Obama Administration and Democrat-Controlled Congress President-Elect Barack Obama Change is coming to Washington, D.C. a
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11/12/2008
-- It's hard to find any good news about your money these days. The stock market is tumbling. Banks are failing. Home values are cratering. And you're watching your retirement disappear. Before you panic though - pause - and take a deep breath. No one expects the economy to fix itself overnight,
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11/12/2008
Well, there's little you can personally do to change the market's direction. Even big shots like Treasury Secretary Hank "Bazooka" Paulson and Federal Reserve Chairman Ben "Helicopter" Bernanke haven't been able to manage that. But you may be able to take a bit of the pain out of falling stock
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11/12/2008
November 4, 2008 8:11 pm No one knows when we'll reach a bottom, but you can get a great bargain, if you shop around. Questions: Given all the foreclosures and other problems in the housing market and the economy, do you think this is a good time for someone to buy a house? Or would I be better o
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11/12/2008
Forget the old saw that all real estate is local. What's pummeling housing prices in your nabe is the same thing that's hurting them around the country: the credit crisis. You know the drill - banks' troubles have made it harder for many home buyers to get mortgages, and those who do qualify hav
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11/12/2008
Sales of new homes rose unexpectedly in September--2.7% to a seasonally adjusted annual rate of 464,000 homes. Good news, right? Not so fast. The median price of a new home dropped 9.1% from a year earlier to $218,400, and September sales were still 33.1% behind the numbers posted a year ago. In
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11/03/2008
If you're a homeowner seeing property values plummet, look to the commercial real estate market for solace. It might tell you which areas will recover fastest--and which will likely remain weak. The Urban Land Institute recently asked 700 real estate professionals to name the best (and worst) pla
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11/03/2008
