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commerical bank owned: Who Can You Believe These Days Regarding Commercial Real Estate? - 07/13/10 02:24 PM
Do newspapers, TV, and the media in general report what's REALLY going on in the news, specifically commercial real estate? It's hard to believe what you read some times when the authors of these newsworthy pieces are clearly misssing out on key signals and indicators that portend exactly the opposite of what they're saying.
Take today's story in the Las Vegas Review Journal, "Commercial real estate prices reaching one third 2007 levels". Here's a few talking points from the article:
"I think we're pretty close to the bottom because once a bank gets a property back, you can't go any lower than … (0 comments)

commerical bank owned: 2010 Congressional Oversight Panel Report on Commercial Real Estate Losses and the Risk to Financial Stability - 05/30/10 09:59 PM
Nobody likes to read government documents and reports. It's probably because they're all long, boring, drawn-out with pages and pages of fluff information that no one cares about. However, in the case of the 2010 Congressional Oversight Panel Report, I started reading the document, and I must say, the information contained is just plain shocking!You thought it was bad now, their take on the commercial real estate marketing is downright frightening (and if history is any indication, usually correct!). Download the report (it's 190 pages!), but just read the Executive Summary. And make sure you're sitting down. Here's my favorite paragraph:Between … (2 comments)

 

Ron Costa

Las Vegas, NV

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ALL Vegas Valley Realty

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