Not exact matches
It's an unusual investment strategy, to be sure, but like other kinds
of U.S. real
estate, recreational ranch land values nosedived in the
downturn, shedding as much 50 percent from the peak in certain markets.
Or, do the economic positives we hear each day about low interest rates, low unemployment, low inflation, a healthy banking sector, rising real -
estate prices, technology improvements, protection
of resources, renewable energy and the rise
of India — among others — suggest that any
downturn or crisis will merely be a short - term market correction, with the kind
of economic rebound we saw following the 2008 crisis?
Mostly, that's because the richest households tend to hold most
of their wealth in financial assets, whose value increased rapidly after the
downturn, while poorer folks have a much larger share
of their net - worth tied up in real
estate, whose value didn't bottom out until the end
of 2011, Pew researchers note.
«I'll admit that real
estate is prone to the same kinds
of highs and lows that stocks are, but I've always done great during
downturns because I understand this business and what makes projects profitable,» notes Barry Shames, CEO
of $ 15 - million Shames Construction Co., in Livermore, Calif..
More than half
of respondents (51.3 percent) said a real
estate downturn would have the greatest impact.
«The unloading
of single - family homes purchased by real
estate investors during the
downturn for rental purposes would also go a long way in helping relieve these inventory shortages,» said Yun.
Stuart Gabriel, director
of the Ziman Center for Real
Estate at UCLA, said Obama's main achievement in housing was keeping Freddie Mac and Fannie Mae - the two government - backed companies that underwrite an increasing number
of mortgages - solvent during the
downturn.
Just a few short years ago, the real
estate market was flush with foreclosures, a result
of the economic
downturn and accompanying real
estate bust as people could no longer afford their mortgages.
The Canadian Real
Estate Association expects average house prices in Alberta, Saskatchewan and Newfoundland and Labrador to fall next year because
of the
downturn in the oil industry.The association is estimating Alberta's average housing price will fall in 2016 by 2.5 per cent.
It's also a good alternative if the real
estate market experiences a
downturn, and you find yourself unable to sell a property because
of the low market value.
The 7th Real
Estate Mezzanine Financing Summit will provide a forum to discuss how to find a balance between the cost
of debt and the expected return for the upcoming year even on the advent
of a potential
downturn market, and provide networking opportunities with over 150 senior level executives leading the mezzanine financing industry.
With the untimely collapse
of the real
estate market 7 years ago, and an unstable job market caused by the economic -
downturn, there have been questions whether real
estate investing is a good idea.
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The Council opposed the floor price, and the Real
Estate Board
of New York had argued it would have a negative impact on theater owners in market
downturns.
Selling your house now to cash in on long - term price gains and avoid a
downturn in the real
estate market makes sense for only a minority
of people.
In the current
downturn, the value
of residential real
estate has fallen by approximately $ 3 trillion, but the BKX index has now fallen 75 % from its peak
of January 2007.
«Housing prices slid back in February to their lowest level
of the
downturn, fresh proof — as if any were needed — that real
estate remains one
of the most troubled sectors
of the economy.
During this FREE interactive session, you will: - Gain perspective on the long - term planning gaps among the baby boomer generation - Increase your knowledge
of the strengths, weaknesses, misconceptions, and uses
of HECM loans - Learn strategies to overcome sequence
of return risk during bear markets - Uncover how the HECM will protect equity in the event
of another real
estate downturn - Understand the significance
of the growing number
of affluent families seeking information on HECM loans and why you should be ready to help
Since most real
estate trusts own dozens if not hundreds
of properties scattered across the country, a
downturn in one market isn't as disastrous for them as it would be for a landlord with just a single property.
Or, do the economic positives we hear each day about low interest rates, low unemployment, low inflation, a healthy banking sector, rising real -
estate prices, technology improvements, protection
of resources, renewable energy and the rise
of India — among others — suggest that any
downturn or crisis will merely be a short - term market correction, with the kind
of economic rebound we saw following the 2008 crisis?
The segment most immune from the economic
downturn is wealthy retirees that now own expensive real
estate free and clear, have built up large investment portfolios over their careers, gained the experience and knowledge to dodge bear markets, have plenty
of pension and investment income, and won't live long enough to see Social Security and Medicare run out
of money.
Jim's bank is willing to provide him with another $ 30,000 because his credit is good and the equity is there to allow the loan and still reserve 20 % equity in the property which mitigates the risk
of a real
estate downturn.
Amid fears
of overheated markets, our Best Deals in Real
Estate can stack the deck in your favour, telling you which cities and neighbourhoods are the safest bets, and which communities are poised to keep appreciating, or at least weather a
downturn better than the rest.
Obviously the real
estate market in Hervey Bay does see some
downturns but they're usually
of much shorter duration than the
downturns that affect the market in the southern states.
The economic
downturn sends all
of the real
estate speculators running for the hills.
The real
estate collapse, the economic
downturn, and the growing scarcity
of resources, have caused a sea change in thinking about shelter.
I remember when I was in real
estate and during an office economic
downturn people and companies would try to do «midnight shuffles» to get out
of lease obligations.
With respect to real
estate, a continued
downturn in acquisitions, however, we may see greater inventory
of notable assets if any
of these companies look to dispose
of their assets.
The real
estate industry has had more than its fair share
of challenges during the recent economic
downturn.
As with last year's demise
of firms like Thacher Profitt, Thelen and Heller Ehrman, Wolf Block's failure, as described by The Legal Intelligencer, follows the same pattern: failed merger attempts, rainmaking partners jumping ship and a primary practice area (real
estate) that suffered in the economic
downturn.
With real
estate affected by the market
downturn and the banking practice comprising only two permanent partners in the City, it is hard to see what strengths the office now has — outside
of its tax litigation group.
Of the 96 affected lawyers, White says 90 percent «are being laid off because of the downturn in the real estate finance and securitization market.&raqu
Of the 96 affected lawyers, White says 90 percent «are being laid off because
of the downturn in the real estate finance and securitization market.&raqu
of the
downturn in the real
estate finance and securitization market.»
For many years, Bend had an exceptionally expensive real
estate market but the economic
downturn has led to a significant decrease in prices that has spurred an influx
of senior citizens looking to spend their retirement years in this jewel
of a city.
Those who plan to survive the economic
downturn are retooling and focusing on ways to build internal efficiencies, which is something that a lot
of real
estate companies haven't looked at until recently.
After a three - year
downturn in the late 1980s and early 1990s, brought on by overbuilding and the collapse
of the nation's savings & loan industry, the real
estate industry was enjoying a steady upward climb.
You can't do real
estate part time in a Consumer
Downturn, it is really a fun, creative and 60 hr / wk business where excellence is rewarded instead
of trivialized.
Although personal safety is in the spotlight this month, NAR is not putting aside any
of the priorities needed to bring more security to real
estate businesses affected by the housing
downturn.
Oreshkin says the financial
downturn in Russia, caused by Western sanctions, has made sellers less likely to use the services
of real
estate brokers.
More than half
of the practitioners surveyed (55 percent) said the average 30 - year fixed interest rate would have to increase to at least 7 percent before they think the real
estate market will slow down or take a
downturn.
Over the next few years, as some
of these SF startups come to see their liquidity events, there are going to be a lot
of rich kids looking for local real
estate, and this will likely prop up SF prices for a the next few years (barring any major
downturn in the tech sector overall).
«The unloading
of single - family homes purchased by real
estate investors during the
downturn for rental purposes would also go a long way in helping relieve these inventory shortages,» Yun says.
On a slightly different front, just in time to take advantage
of the
downturn in the commercial real
estate market, the CoStar Group, a Bethesda, Md. - based provider
of commercial real
estate information, launched CoStar Showcase last month, a new product that will help commercial brokers show listings to as many interested parties as possible.
The financial health
of many real
estate companies is often precarious, even in good times, and while we can continue to jump through all the legislative hoops in today's very good real
estate market, we will not have this luxury
of additional resources when the next economic
downturn occurs.
Developing a strategic plan to turn your business around during the
downturn is great, but strategic planning should not be limited to just the current phase in the real
estate cycle, says Charles Hewlett, managing director with RCLCO Real Estate Advisors in Bethesda, Md., and coauthor of Strategy Planning for Real Estate Companies (Urban Land Institute,
estate cycle, says Charles Hewlett, managing director with RCLCO Real
Estate Advisors in Bethesda, Md., and coauthor of Strategy Planning for Real Estate Companies (Urban Land Institute,
Estate Advisors in Bethesda, Md., and coauthor
of Strategy Planning for Real
Estate Companies (Urban Land Institute,
Estate Companies (Urban Land Institute, 2008).
Every time the real
estate market is in a
downturn all these people forget what they wished for because it was always right in front
of them all along.
Swanepoel writes, «A growing number
of brokerages are not financially sound and, as a result, are reducing the products and the services they provide to their salespeople dramatically... An economic
downturn in big cities, such as Toronto and Vancouver that have experienced almost two decades
of continuous growth, could result in a large decline in the number
of viable real
estate brokerages.»
We all hope the worst
of the housing crisis is behind us, but
downturns of varying degrees regularly turn up in commercial and residential real
estate, influenced by the economy, politics, tax policies, and other forces.
«Because
of the
downturn in the economy, we were worried initially that we wouldn't be able to fulfill our goals for the charities,» said Paul Penner, President
of the Fraser Valley Real
Estate Board.
Now we have no reason to believe we're heading toward that kind
of downturn, but many real
estate pros are still understandably anxious.
Villegas watched more than half
of her colleagues quit the real
estate office she worked at during the
downturn.