Archive for Real Estate News and Articles
Manufacturers Rally – Bob Bach
Posted by: | CommentsGreetings!
Below is a post from Bob Bach……I hope you enjoy…..rob
Manufacturers Rally
Analysts shuddered two months ago when the monthly Business Outlook Survey from the Philadelphia Federal Reserve plummeted unexpectedly, signaling a worrisome slowdown for manufacturers in the region. Although it covers only a corner of the U.S. – eastern Pennsylvania, southern New Jersey and Delaware – the survey provides an early clue to the more widely followed manufacturing index from the Institute for Supply Management. The dismal August reading from the Philly Fed raised fears that the economy was sliding into recession.
But the manufacturing sector is expanding again according to the October survey, released yesterday. The survey asks manufacturers a list of questions with three possible answers – increase, decrease and no change – and calculates a diffusion index for each question, which is the difference between the percentage of respondents citing an increase and those citing a decrease. The index rose from minus 17.5 in September to 8.7 in October, the largest one-month gain since the early 1980s. The index measuring activity levels expected in six months increased to its highest reading since April before the economy began to slow. The survey doesn’t point to robust growth ahead, but it is consistent with Grubb & Ellis research showing sustained demand for industrial space over the past two quarters and this quarter as well. Together with other recent indicators such as retail sales and weekly jobless claims, the Philly Fed survey suggests that the economy is fighting off a near-term recession.
Have a great weekend.
Best regards,
BobRobert Bach
SVP, Chief Economist
Grubb & Ellis
312.698.6754
The Commercial Real Estate Blog-O-Sphere News #11 – The Future
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Greetings from the squirrel capital of the world….Cedar Crest, NM!
If you are watching the news, you are aware that the “year in review” news segment is almost in rerun mode. Well, I thought I would show you a few videos from the blog-o-sphere of what the prognosticators are saying about the near future. And….of course commercial real estate news. One thing is for sure….if there was a time to buy….it is in the very very near future. Will you find a cave or figure out how to take advantage of the commercial real estate bust?
Video’s from prognosticators (credible and not-so-credible):
Ron Paul on the Economic Collapse!
Peter Schiff on Impending Economic Collapse
Economic Collapse of 2009 – Greater than Great Depression of 1929
- Robert: I believe that 2009 will undoubtedly set a mark in time as the year that established the new paradigm for commercial real estate investing and real estate services. [ More Eyeball '09 HERE | Eyeball '08 | '07 ] …
Baby Boomers Will Drive Real Estate Growth : Smarter Finances …
- The size of the group gives it vast influence over American politics, popular cultural, and of course, real estate. To evaluate the influence of the baby boomers on the future of real estate, the National Association of Realtors (NAR) …
Your 2009 Real Estate Outlook
- The residential real estate business started slowing in 2006, and then really fell out of bed in 2007. But commercial real estate continued chugging along for a while. That’s all changing — and 2009 will likely be even worse for landlords and investors in warehouse, office, … It will make it so you can invest in rental property, or strip malls, or an office building and generate attractive returns again, without relying on pie-in-the-sky projections about future growth. …
The Coming Commercial Real Estate Implosion | The BizJournal at …
- Anyone concerned about the short term future of commercial real estate would do well to read the full report, but I’ll go ahead a spoil the punchline:. In short, tougher times appear to lie ahead. Worsening macroeconomic conditions …
Real Estate Investmenting …
- It is not a secret that today real estate is in a rather bad shape. One of the main reasons behind this is the problem of foreclosure. Let’s remind that.
Will 2009 be “it” — the year when things finally start turning …
- Investors are going to focus once again on the wounded real estate market. And millions of homeowners and commercial property owners are going to ask that all-important question: Will 2009 be “it” — the year when things finally start turning around? … It will make it so you can invest in rental property, or strip malls, or an office building and generate attractive returns again, without relying on pie-in-the-sky projections about future growth. …
Buchanan Street’s Brunswick Looks Back at ’08, Eyes Future
- Brunswick: It’s not particularly troubling, as I believe those monies can be better utilized within our economy than within the commercial real estate sector. The distress in commercial real estate is not currently …
Until next time…..rob
The Commercial Real Estate Blog Sphere – News And Articles #8
Posted by: | CommentsGreetings from the metropolis from Cedar Crest, NM.
There is snow on the ground….but only enough to make one crave for more.
Anyway…I read a really cool article about a real estate agent named Ben Edelstein who took a lot of time off (over seven years) to sail around the world. Ben took his earnings from real estate and lived his dream. You can read the article by clicking HERE.
Ben’s dream got me thinking. Not so much about “living the dream” but more about life after living the dream. Per the article, Ben is now looking for a job. Kind of a bummer..huh? What if he would have taken the time to build a passive income base? He still might be sailing?
As for commercial real estate news….it is all bad….no…I am not joking. But understand….bad news is good news for those who are looking for opportunites. Like I have said before…you are going to see a lot of opportunities….the question is…will you be able to act on them?
Anyway….More Commercial Real Estate news and videos from the blog-O-sphere:
What’s Going on in the Commercial Real Estate Market Today
Commercial Real Estate: The Next Domino to Drop? – There is another connection that jobs play in the real estate market, and that is in commercial real estate. Commercial real estate refers to the portfolios of office building, apartments, retail stores and lots held by developers and …
The Encyclopedia of Poker: Commercial Real Estate Financing for … – Fortunately for investors seeking commercial real estate financing, the commercial sector is not directly affected by these developments. Although riskier ventures will still be more difficult to finance with credit, …
Real Estate Blog – Ring the Bell for Salvation Army – These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these …
Donald Trump faces tower of troubles – Crain’s New York Business – Mr. Trump insists that this string of events isn’t a replay of his travails in the early 1990s, when the collapse of the real estate market nearly drove him into bankruptcy. He has learned his lessons, he says, and is much more …
The Progressive Mind-II: The Coming Commercial Real Estate Crash … – This site contains a number of links to articles, publications and editorials expressing progressive and humanistic viewpoints.
“The Next Tsunami to Hit will be the Commercial Real Estate Market … – The Wall Street Journal wrote about the looming commercial real estate crisis in November, leading off with the quote “The next tsunami to hit will be the commercial real estate market”. Bloomberg and others have covered it. …
Until next time…….rob