Category Archives: Property Developemnt

MUSINGS ON THE MARKET

In recent weeks there have been several unrelated news articles that, taken in the aggregate, paint a picture of what might be expected in the future. These stories are discussed below and are not in any order of reporting date … Continue reading

Posted in Property Developemnt, Property Ownership, Real Estate Economy, Real Estate Appraisal, Real Estate Investment | Leave a comment

HAVE A CUP OF COFFEE AT STARBUCKS TODAY

The letter below from Howard Schultz appeared in many newspapers and while it has little to do with real estate it has a lot to do with the health of this country and is most appropriate for a 4th of … Continue reading

Posted in Condominiums, Eminent Domain, Property Developemnt, Property Ownership, Real Estate Economy, Real Estate Appraisal, Real Estate Investment, Real Estate Lending, REITs, The Real Estate Economy | Tagged | Leave a comment

Retail Store Euphoria

A recent Wall Street Journal article described the migration of major U. S. retailers to Hong Kong as one of the worlds “top luxury shopping cities” and the fact that this surge is driving up rents for retail space. Hong … Continue reading

Posted in Property Developemnt, Real Estate Economy, Real Estate Investment | Leave a comment

APARTMENT RENTERS PLIGHT

A recent newspaper article described the high apartment rental costs faced by tenants in many American cities, sometimes reaching 50% of their income. There is little doubt that high rental costs cause people to forego other necessary spending on items … Continue reading

Posted in Property Developemnt, Real Estate Economy, Real Estate Investment | Leave a comment

GET RICH QUICK

A few days ago, while eating lunch, I caught an “infomercial” on television sponsored by Armando Montelongo of “Flip This House” fame. Armando was promoting his course that is described as teaching how to make millions in the residential foreclosure … Continue reading

Posted in Property Developemnt, Property Ownership, Real Estate Investment | Leave a comment

CREDIT SUISSE IS THE VICTIM

The following article appeared in the news on January 4, 2010. “Property owners at four struggling and bankrupt resorts in Idaho, Montana, Nevada and the Bahamas have filed a $24 billion federal lawsuit against Credit Suisse, saying the bank gave … Continue reading

Posted in Property Developemnt, Real Estate Economy, Real Estate Appraisal, Real Estate Investment, Real Estate Lending | Leave a comment

DEVELOPERS WIN-PRIVATE OWNERS LOSE

On November 24, 2009 the New York Court of Appeals ruled 6-1 that it is lawful for the State to seize private property for use by private developers. This case involves taking, though eminent domain, private property to turn over … Continue reading

Posted in Eminent Domain, Property Developemnt, Property Ownership | Leave a comment