We talked
about real estate cycles, flipping properties, the meltdown of 2008, and other things.
Not exact matches
During a six - month stretch in which a top executive has reportedly become a cooperating witness for a federal investigation of a top Albany politician, the
real estate developer donated only
about 6 percent of the money it gave to political committees during comparable
cycles in recent years.
Five veterans of
real estate sales
cycles with a combined 156 years of experience share their observations and perspective
about today's marketplace.
Here to talk
about the new
real estate landscape and how to stay profitable within it are some industry leaders who've battled their way through a number of business
cycles.
«Lenders are normalizing capitalization rates because they are concerned
about where we are in the
real estate cycle,» says Justin Bakst, director of capital markets with research firm CoStar.
I often lead discussion among Realtors
about the affects of climate change on
real estate, from increased intensity and frequency of storm events to changing hydrologic
cycles.
Over the past 25 years, he's learned a thing or two
about growing where you're planted, and has seen the
real estate industry go through many different
cycles.
«Everyone is very cautious
about investing too early in the
cycle; most of my institutional and high net worth clients are planning to launch their investing in 2010,» says Scott Sweeney, CCIM, CPM ®, executive vice president of Falcon
Real Estate Investment Co. in San Diego.
About half of the new apartments than have opened in this
real estate cycle are located in the 15 most active metros of development.
According to The Green Street Commercial Property Price Index, property values have risen at a strong pace over the past year and prices of institutional - quality commercial
real estate are now
about 15 percent higher than the peak levels reached at the top of the last
cycle.
The
real estate market has
about a 10 year
cycle of peaking and then decline; HOWEVER don't ever think that prices are going to take a dive as far as they did back in 2008.
He noted that investors are going to continue to be «very selective»
about which companies go public, given that the
real estate cycle has reached a mature stage.
«For example,
Real Estate Investar knows all
about their property investor subscribers from where they are in the investment
cycle to what kinds of market they might be in.
More than three - quarters (77 percent) of respondents, who represent the estimated 103 million Americans that make up this population, say they have become increasingly knowledgeable
about homeownership due to a news
cycle that has magnified the
real estate industry throughout the past six years.
«The analysis suggests that 15 or so metros will lead the way on activity, and they are basically the same 15 or so spots that have accounted for
about half of both demand and supply in the current economic
cycle to date,» says Greg Willett, chief economist with
real estate data firm RealPage Inc., which has reached similar conclusions to NHMC / NAA.
Concerns
about rising interest rates, an aging
real estate cycle and the «Amazon effect» have punished REITs: the Vanguard REIT ETF VNQ, +0.53 % is up 0.5 % for the year to date, trounced by the 19.8 % gain for the S&P 500 SPX, -0.29 %.
«You're buying through different
real estate cycles, but if you don't have too much debt, you don't need to worry
about selling even if the property value declines,» says Beasley.
There's been a lot of buzz lately
about when, exactly, this current commercial
real estate cycle will come to an end — when property values have truly peaked and the game winds down in a manner either gradual or, as seen in 2008, sudden and abrupt.