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

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

Greetings 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

Roubini: Worst yet to come

CNN Your Money: Talks of Great Depression Coming

Until next time…..rob

Other Post from around the web:

Mish’s Global Economic Trend Analysis: Prepare For Depression … – Deflation has already set in and it’s now realistic to start talking about another “D” word, this one being depression. Before we can use a word, we must define it. For the sake of argument, let’s define depression as unemployment of …

CNN on post-Great Depression recessions suffered by US (Thomas … – CNN on post-Great Depression recessions suffered by US. Interesting bit: Average US recession (11 since 1930s) lasts less than a year (or 6-12 months) except for two (early 1970s and early 1980s) that were global ones, in addition. …

America’s Second Great Depression Has Started :: The Market Oracle … – America’s Second Great Depression Has Started :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website.

TruthNews.us » Blog Archive » Corporate Debt Protection Costs … – The cost of protecting corporate debt from default jumped to a record in Europe and neared a high in the U.S. amid concern that the global recession will sink into a depression. Credit-default swaps on a benchmark index tied to below- …

Cramer: Depression Comparisons are ‘Scare Tactics’ | NewsBusters.org – Recent contractions in gross domestic product are also far from the huge drops seen during the Great Depression. And current stock market volatility doesn’t compare to the 90 percent decline during the Depression. …

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Greetings from somewhere….over the pacific ocean. Maui Mastermind is now but a great memory. Maui Mastermind is one of few events that changed my life. It got me to think bigger…..and smarter (depends on who you ask.) My first Maui Mastermind was in 2003……which was the biggest paradigm shift for me…..well worth the price of admission. Now….some of the faces have changed….but the advisors (i.e., Bill Shopoff, David Finkel, Elizabeth Kana, Marc Owings, David Terry, and on and on) are better than ever.

Anyway…..

The bet of week is how many banks will close (FDIC takeover) this month….I say two more by the end of the month. What say you? I think that is a safe bet. I say we see two major banks close by the end of the year.

Bill Shopoff said (and I am paraphrasing and possibly misquoting) “Investors that need to refinance their assets in the next eighteen months will be in big trouble as credit will be harder to find. Investors will have to sell at deep discounts to get from underneath properties. Cash is king!”

So….here is the lastest and greatest from the commercial real estate blog sphere…..

Which way do the numbers point now

big, big bust in the real estate market. Van has been investing in real estate for years. He’s no Donald Trump, but he has made a nice living investing in houses, apartments and small commercial prope…

CMBS Issuance Plummets To ’96 Levels: Moody’s

The issuance of bonds backed by commercial real estate loans in the first half of this year has plummeted to levels not seen since 1996, according to Moody’s, which reported on Tuesday that issuance of commercial mortgage bonds has …

Arizona Lender Mortgages Ltd. Faces Securities Inquiry

Federal and state regulators have opened investigations into the dealings of Mortgages Ltd., Arizona’s biggest private commercial real-estate lender, and the firm called Radical Bunny that lent it almost $200 million. …

Boom boom boom boom boom!

But the real bad news was embedded in the earnings release; their mortgage insurance group, which primarily writes “prime” PMI policies, has a 4.9% 60-day late rate at present, almost a double from a year ago. …

Credit crunch spreads in auto, CRE sectors

Just look at the news on the commercial real estate front that mega-brokers CB Richard Ellis Group and Jones Lang LaSalle released this week. Here’s an excerpt from a Bloomberg story, with my emphasis added: …

2008: Commercial Real Estate Financing tightens

Commercial real estate projects in Denver, Phoenix, New York and even Donnelly, Idaho, have run into similar snags, while developers in housing-bust markets like Florida and Southern California have axed smaller projects. …

Until next time….rob

Greetings from a plane over the Pacific Ocean. I am on my way to Maui Mastermind. I have been going to Maui Mastermind since 2003 (I think) and it is still a great experience. Especially for creating Wealth Lifelines and catching up with old friends. Maui made a huge impact in my real estate investing and business building….well worth the price of admission.

In the news…..more bank closures (FDIC is hard a work)….more foreclosures….Obama and McCain (is this the best we have?…crap!) . We are in a sad state…..Oh…but wait…opportunities abound right…just ask Rudy Giuliani….oh…but don’t ask Donald Trump.

Anyway….latest and greatest regarding commercial real estate news and articles….

Centro to Sell Fund’s US Malls

Similar declines in commercial-real-estate values throughout the US are adding to the problems facing banks and other lenders who, to this point, have been hammered mostly by the housing market’s troubles. So far, the default rate among …

Foreclosure Slump Hits Commercial Real Estate – AP

“The city’s commercial sectors clocked the second-worst increase in vacancies in the past year, according to Marcus & Millichap Real Estate Investment Services, following only Orange County, Calif., where the main problem is too many …

Giuliani, Berman Enterprises Launch RE Investment Fund

Giuliani Partners, headed by former New York mayor Rudolph Giuliani, and commercial real estate owner Berman Enterprises are launching a real estate investment fund of between $500 million and $750 million focused on commercial and …

Local News reports 73 Layoffs at Trump Towers in Las Vegas. Here …

It’s not to say that buyers of residential high-rise condos have not had difficulty getting loans, all facets of real estate are facing challenge including commercial, single family homes, investment properties, vacation residences, …

PodcastTranscript: July Review for Commercial Real Estate Investors

MIKE: You know, are there other macro trends besides, you know, the emergence of overseas capital that…that you…you all are looking at, that you think are going to, you know, sort of have a major impact on real estate investing over …

Have a great weekend…and…Until next time…..rob