Posts about Real Estate Market Reports as of October 1, 2009

Forest Lake, Minnesota is well known throughout the Twin Cities area. It was a favorite summer vacation spot, an annual ice fishing tournament tradition or as a destination when going for a Sunday a drive in the country in days gone by. Today, the lakeside cabins have been replaced with year round residences, the fishing tourney is but a memory and the farm s are few and far between in this third ring St. Paul suburb.

Recently there have been a number of observers from all corners of the political spectrum increasingly worried about the growing collusion between Washington, DC and the powerful economic interests in our country. The discourse on this issue reminds me of the “governmental support” German economist Wilhelm Röpke spoke of in A Humane Economy : “The market and power do not go well together, and anyone who wished to use his strong position vis-à-vis some buyer or seller to establish a dominating

Huntington Beach Condos in the “Huntington Continental” – Real Estate Market Report The Huntington Continental town house community is located north of Adams and west of Brookhurst and east of Bushard in Huntington Beach, California.  There are 445 units in the complex.   As of October 1st, 2009, the Home Owner’s Association (HOA) is $188 per month.  There are two pools in the complex.  Each unit has a carport.  The one bedrooms are single level and the two and three bedrooms are two stories.  Below is the current market update of what is happening in the complex.  Take a few minutes to explore all Huntington Beach real estate listings for sale including homes and condos.

It’s October 1st and the Newsletter is rolling out soon!  That means its time for an updated report on what is happening with Green Homes for Sale in Houston as well as Green Features that are popping up around town. Here is the first ever Houston Green Real Estate Market Report .  All data compiled through the Houston MLS.

If you were a recent college graduate in a recovering economy launching a career, looking for a mate or both, where would you choose to live? Predicting cities that will emerge as post-recession meccas for the young is easy to argue about, but impossible to forecast empirically. Whether you prefer hip, casual Austin, Texas, over the cosmopolitan allure of New York City is partly a matter of personal taste. Still, we asked six experts which 10 cities will emerge as the hottest, hippest destinations for highly mobile, educated workers in their 20s when the U.S.

~~~ V-SHAPED RECOVERY VERSUS SECULAR AND CYCLICAL HEADWINDS Growing up in Chicago, I looked forward to every baseball season, and I cheered for both the White Sox and Cubs, since neither team won that much. I never saw the point in being choosey. The GO-Go White Sox went to the World Series in 1959, before winning it 46 years later in 2005, and 88 years after winning in 1917. The Cubs haven’t won a World Series since 1908, and that 100 year streak appears safe in 2009.

Roger Penske, who had been seen as the guy who could save Saturn and turn around the company’s fortunes after GM destroyed the brand’s value, has withdrawn his bid to buy the company. Saturn will wind down its business after opening with such fanfare and hopes in 1985. Saturn’s 350 dealerships across the United States will close because of the development. The Saturn stores are known for their no-haggle, low-pressure sales approach and focus on customer service. None of the stores sells vehicles made by another G.M.

Birmingham’s office market, like others across the UK, is currently in the grip of a prolonged slump. Things are not likely to look up just yet, as BNP Paribas’ report on the West Midlands real estate market indicates rentals will continue their downward trend for some more time, until 2011. Stability will reach the market in that year, and a steady rise is expected thereafter. Retail rentals are likely to follow the same pattern more or less, says the report.

Look out below! I warned yesterday that the end of the quarter may well mark the end of Goldman and their Gang of 12’s Global pump job and what better way to pull the rug out from under the markets then for Goldman Sachs themselves to issue a report that warns that REIT valuation seem ” stretched ” and they are projecting ” flat to down 15% returns next year ” with concerns that they are ” just beginning what could be a multi-year down-cycle .” Other headlined charts (and Zero-Hedge has the full scoop ) are: Still a long road ahead for a recovery in credit.

Oct 1st, 2009 | print |  email  | Post a comment  |  Listen to the Article – Dana El BaltajiReal estate markets in Saudi Arabia, Qatar and Abu Dhabi (no, not Dubai) are expected to recover quicker than other cities and nations in the region, claims a study by property consultant Jones Lang Lasalle in its semi-annual report entitled Real Estate Investor Sentiment Survey.Investor confidence in property markets is driven by governments’ ability to keep

Markets closed the today’s session on flat note after exhibiting volatility during the trading as investors booked profit in key stocks. Fall in Asian stocks also weighed on sentiments. Domestic indices were not able to stick on a particular direction on continuous bouts of buying and selling. However, market gained some ground during afternoon session following positive opening of European markets. Besides, investors were booking long positions on abridged trading week.

hhgregg, Inc. (NYSE: HGG): The Only Retail Stock Worth Buying Right Now by Louis Basenese , Advisory Panelist For the first time in six months, retail sales ticked higher in August. Granted, it wasn’t by much – a scant 0.7% higher than July. But it’s inevitable that consumers will eventually get back to their spending ways as this recession subsides. And if you’re looking for a way to play it, consider hhgregg, Inc. (NYSE: HGG ).

by Aella Abbie The term private equity is basically any investments of common form that is not reflected directly in the stock market. In this regard, the private equity fund that is exchanged within is a privately set up investment by individuals or corporations used as a means of acquisition and direct ownership purposes. This type of equity is not publicly traded and is locked for the security of the owners of a publicly traded company. There are several types of private equity fund.

The pound managed to pare early losses versus the euro and the dollar after the IMF affirmed that the United Kingdom will grow more than previously announced for the next year, adding confidence for the British Isles economies.Bank of England Governor Mervyn King set the pound to the weakest level in months versus the euro and the dollar after affirming in a newspaper interview that the current weakness of U.K.’s currency is helpful at the moment since it helps British products competitiveness

Property Wire MENA real estate market sentiment improves Zawya Our previous survey concluded that 2010 was shaping up to be the ‘vintage year’ for real estate investment in the MENA region and our latest report confirms … Investors more optimistic about real estate in middle east but … Property Wire Tasweek Real Estate Development & Marketing aim to develop US$250 … TopNews Arab Emirates all 5 news articles »

Bob Chapman The International Forecaster October 1, 2009 Nearly half the nation’s 25 biggest retail chains expect to hire fewer holiday workers this season than they did last year, another sign that retailers aren’t counting on recession-strained shoppers to relax the tight grip on their pocketbooks this year. The special inspector of the government’s $700 billion TARP program said in prepared testimony that the chances of taxpayers recovering their investment are extremely unlikely.

Leaders – the UK’s largest independently owned letting specialists – report an unprecedented level of new lets in July, following on from an exceptionally busy June.Many of Leaders’ 40 branches exceeded their lettings forecasts by a significant margin and broke their branch records for total numbers of properties let.

by Mike Swanson Gold is the most popular investment in the world, and has been for centuries. The reasons to invest in gold and gold stock picks are quite straightforward. In any type of crisis, gold will usually keep its value, where all else has lost its value. For example, in times of war, money or currency is worth almost nothing. Even real estate, which is a pretty solid investment, loses out in political unrest, war or any other instability that may arise. But, gold is a solid investment all around.

Leaders are pleased to announce that, in addition to their well-established branches in Hove, Western Road and New Road, they now have a presence in the popular Fiveways area, where demand from landlords and tenants is extremely strong.Says Leaders’ regional director for Sussex, Jane Wilkinson: “With such high demand for rented property in this area it made sense for us to expand our network to include Fiveways – an area which is very popular with families and anyone wanting to live slightly away from the main hub of Brighton central but still within easy access of all its wonderful amenities.

by Marcus Myer Location – do not jump in to get a property just because the market is bearish. Consider the locale of the property extremely carefully. The fact is a property with a bad location won’t fetch you a good price even if the market is bullish. If you are interested in buying property then make sure that the property is suitably located. It should be in the vicinity of shopping complexes, malls, hospices, faculties parks and will be easily reached by road and mass transit systems.

The central bank governor said it would adjust rates over the next six months according to consumer prices, with a focus on the core consumer price index. Central bank Governor Perng Fai-nan (彭淮南) said yesterday that consumer prices were his top concern when setting interest rates and that he saw no inflationary pressure on the horizon. The nation’s top monetary regulator also said the New Taiwan dollar remained relatively stable compared with other currencies, despite gaining 2 percent in the third quarter.

Foreclosures have become quite common. Foreclosure is a situation when a home owner doesn’t find him in a position to payback his home loan. Also, when homeowners default on government taxes, he has to face the problem of foreclosure. Although you can find foreclosures in different states and cities, Austin Foreclosures are quite attractive for investors. Although you can spot the overall recession and decline in the sales of homes in nation Austin real estate market is quite healthy even in this critical situation.

AltNews3 http://alcuinbramerton.blogspot.com/ Alcuin Bramerton profile ….. Index of blog contents ….. Home Glenda Stone of UK company Aurora suspected of fraudulent practice and manipulation of clients in compiling ‘The TOP 50 places Where Women Want to Work’ for The Times & Sunday Times newspapers (London) About sixty four complete and legitimate entries were received into the TOP50 competition in 2008. Every single one of those that failed to make it into the TOP50 list was not a private client of Aurora.

The nation’s largest cable television company, Comcast Corp., is kicking the tires of entertainment giant NBC Universal, according to people familiar with the situation. Comcast, which has almost 25 million subscribers, has been looking to expand its entertainment offerings for several years. In NBC Universal it would get not only a big broadcast network and movie studio, but several powerful cable channels, including USA, Syfy, CNBC, MSNBC and Bravo. NBC parent company General Electric Co.

Monoline insurers were last year’s story, but I have a prurient interest in some of the smoldering hulks of the credit crisis. Readers may recall that in January-Feb of last year, seemingly imminent demise of monolines looked to be ready to set off financial armageddon, since monoline (and AIG) credit enhancement was critical to a lot of structured credit instruments.

The most dreadful situation in the economy has caused a lot of appalling difficulties. People are unable to live as they were used to as there are a lot of financial troubles. Some have lost their jobs because of redundancy, others encountered troubles connected with unpredicted expenses. The mast dreadful is situation on the real estate market. Homeowners cannot afford to keep the houses they have been living for a long time.

Monoline insurers were last year’s story, but I have a prurient interest in some of the smoldering hulks of the credit crisis. Readers may recall that in January-Feb of last year, seemingly imminent demise of monolines looked to be ready to set off financial armageddon, since monoline (and AIG) credit enhancement was critical to a lot of structured credit instruments.

Monoline insurers were last year’s story, but I have a prurient interest in some of the smoldering hulks of the credit crisis. Readers may recall that in January-Feb of last year, seemingly imminent demise of monolines looked to be ready to set off financial armageddon, since monoline (and AIG) credit enhancement was critical to a lot of structured credit instruments.

Monoline insurers were last year’s story, but I have a prurient interest in some of the smoldering hulks of the credit crisis. Readers may recall that in January-Feb of last year, seemingly imminent demise of monolines looked to be ready to set off financial armageddon, since monoline (and AIG) credit enhancement was critical to a lot of structured credit instruments.

Do you know if the Miami Realtor you hired is a bully?  Have you even thought that this could be possible?  Maybe you are aware of it and think it could be advantageous “if they are bullies, it could mean that they will know how to negotiate a deal and work for my best interest!” – think again Realtor Bullies only care about themselves, their bottom dollar, how much inventory they have and what their quotas are.  They don’t care about you and your property, quite the contrary, they will guide traffic to other listings of theirs if they think it will benefit them more.  They won’t care about business ethic and they will put up quite a front.

Low borrowing costs and government tax credits help lift home sales this yearHome values in 20 US metropolitan areas declined less than forecast in the year ended in July, a sign the housing slump that led to the worst recession in seven decades is abating.The S&P/Case-Shiller home-price index fell 13.3 per cent in July from a year earlier, the smallest drop in 17 months, the group said here on Tuesday.Adjusted for seasonal variations, the gauge rose 1.2 per cent from the prior month.

So, you want to launder some money?  I’ve written about this before, but the game is changing rapidly.  No longer are Switzerland, Lichtenstein and Guernsey the safe havens they once were.  In fact, don’t even think about utilizing banks in those countries for shady transactions. The reality of the situation is that blatant money laundering is simply too risky these days.  Forget what you see in the movies.  These aren’t the days of cocaine cowboys in 1980s Miami anymore.  You’ve got to up your game.

Nearly 1.2m sq ft of new office space added in Q3, says DTZ By Jonathan Peeris, 938LIVE SINGAPORE: An estimated record 1.19 million square feet of new office space was added in the third quarter of this year, according to the latest Singapore Property Market Report by consultant DTZ. This increased the overall office stock by two per cent. The new supply in the third quarter was more than last year’s total new supply of 1.14 million square feet.

During the recent Hawaii real estate boom years I worked as a developer sales agent for the oceanfront Kolea and Hali’i Kai communities on the Kohala Coast. That’s why “ The Coulda Shoulda Club of 2009 “, a blog post title on my ActiveRain network , made me laugh out loud.  How many times did someone come in “just to look” and shake their head at prices, declaring how they had been coming to the Big Island for 30 years, and coulda-shoulda bought a $3 million lot at Puako on the beachfront side for under $100,000 (yes, if you click through to look at the lot, their story is true).

RISMEDIA, October 1, 2009—It’s clear there are many more foreclosures in the real estate market’s future and we don’t need a fortune-teller to enlighten us  on that score. What we do need, however, is to know the level of foreclosures being forecast over the next few years, as this will likely be a crucial component for strategic business and life planning activities.  Fortunately, rather than having to engage a fortune-teller, we can use a report  compiled by The Center for Responsible Lending, which projects foreclosures over the next four years and their impact by state.

Dubai – New Jack Emirate By Raymond Barrett for The Velvet Rocket October 2009 A key to understanding the history of Dubai’s seamy underbelly. The wooden dhows docked along the Dubai Creek sail trade routes that are centuries old, connecting this small city-state on the Persian Gulf with the outside world. But the boats have served a double purpose in Dubai’s history. A symbol of Dubai’s vibrant shipping industry, the dhows have also been used by generations of smugglers exploiting Dubai’s strategic position between East and West to move contraband back and forth across the Arabian Sea.

That long cast of which I write is the ’shadow housing inventory.’ How large is this shadow and what does it mean for the housing market? Are potential homebuyers being paid to wait? What are the housing dynamics within specific geographic sectors of the country? For insights to these questions and more, I am happy to submit the research and analytics from Wall Street’s longstanding top mortgage analyst, Laurie Goodman of Amherst Securities. Ms.

Royal Bank of Canada ( RY ) announced yesterday that it has agreed to acquire JPMorgan Chase & Company’s ( JPM ) third-party registered investment advisor (RIA) servicing business. Royal Bank of Canada (or RBC) took this step to expand its U.S. wealth management division. Following the acquisition, the RIA business of JPMorgan will become a part of RBC Advisor Services, a unit of RBC Wealth Management’s U.S. division which provides custody and clearing services to third-party registered investment advisors.

Barrick and its OTC Short of Gold Derivative Obligations: I am asked constantly how Barrick can cover all their hedges. The answer is quite simple. Barrick does not have to buy one ounce of gold. You buy your way out of hedge contracts with paper money. The simple question is what does the long side want to release the obligation in light of future possible profits on the position? What a hell of a needlessly expensive mess.

For the second month in a row, 18 of the 20 Case-Shiller real estate markets posted higher home values.  It’s the 6th consecutive strong showing for the benchmark private-sector housing index. Combined with falling home supplies and rising sales figures , this month’s Case-Shiller Index suggests that housing may have bottomed sometime earlier this year. It’s cause for optimism. Even Case-Shiller respresentatives seem excited.  In its press release , the publishers singled out the index’s winning streak, commenting on the recent “stabilization in national real estate values”.

I.M.F. Calls for Overhaul of Financial System FRANKFURT—The International Monetary Fund said Wednesday that “the global economy has turned a corner” after the harrowing start to 2009, but that only a thorough restructuring of the financial system could prevent a return to crisis and pave the way for solid growth within the next 18 months. However, the I.M.F.

Cloisters On The Bay is a gated community of 40 villas in the heart of downtown Coconut Grove.  The community is waterfront although only a few villas have water views.  The amenities at The Cloisters include a heated pool, tennis court, club house and a 24 hour security guardhouse. There have been two closed sales this year.  The first was Unit 518, a 4 bedroom, 4 bath with 5,860 square feet of living space and sold for $1,350,000 ($230.00 psf).  This unit sold for $2,150,000 back in 2002.

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Paul Volcker was the Federal Reserve chairman back in the early 1980s.  He had been appointed by President Jimmy Carter in 1979.  His task was to squelch inflation and that he did by sharply hiking short-term interest rates.  Unfortunately, the economy took a huge hit as a result of his inflation-fighting efforts, but he did kill off inflation for a generation.  That feat alone gives him enormous credibility in terms of our banking and monetary system.

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REALTOR Connie Moulaison with Coldwell Banker Island Living  has just been certified as a Short Sale Sepecialist.  Connie attended an intensive training sessions with the expert Attorney and Real Estate Broker Michael S. Kaminski.  If you need help to sell your house and you do not have equity to cover the amount owed on your home, you are wise to use a Short sale specialist.  Selling short of what you owe on the mortgage is better on your credit report than a foreclosure on your credit report.

    To Our Clients, Colleagues and Friends, What would be better, (a) having one $40 million warehouse line with Bank of America, or (b) having $25 million with the Bank of America and $10 million with Comerica or Flagstar?  Even though (a) is for $40 million and (b) is for only $35 million, we’d probably recommend option (b).  Having two lines is almost always better than having just one, even if the one line is somewhat bigger than the two combined.

  Powered by Max Banner Ads   by Arnulfo Snider When the value of your home is less than the amount that you owe on your loan, you should consider a short sale. For the sake of argument we’ll say that your home is worth 350,000 and you owe 360,000 then a short sale would be a good option to pursue. However, if you don’t have to immediately sell your home then you could always wait and see what happens in the real estate market. However, if you do have to sell your home you basically have three options.

In Westminster, CO for the month of August 2009, 72 homes sold and spent an average of 113 days on the market. The average home sale price was $255,095 . In the same area for the month of August 2008, 80 homes sold and spent an average of 83 days on the market. The average home sale price was $246,292 . If you are looking to relocate to the Westminster, CO area click here to start the search for your next home. photo credit: Blude Based on information from Metrolist, Inc.

On September 28th, 2009 it was announced by the Government of Canada that there will be support to strengthen economic opportunities across Manitoba. This will be done by investments being made into 6 projects that will help ensure that the communities succeed during the time of economic slowdown and will remain prosperous in the future. The six projects will be representing investments in rural communities and sustainable agricultural research.