If you’re an American, unless you’ve been in a coma or living under a rock, you know the United States just had one of the most energetic mid-term elections in quite some time. The day after, both sides are disappointed … and both sides are claiming victory. One of the advantages of being older is […]
The mid-term morning after … Read More »
In the swirling sea of capital that makes up the global economic ocean we all invest in … … big fund managers are pay close attention to a variety of factors for clues about the ebb, flow, and over-flow of people, business, and money. Right now … it seems like a BIG wave of money
There’s MORE money headed into real estate … Read More »
Most people believe bubbles “burst”. When people talk about the decline of tech stock values at the turn of the century, they say “the tech bubble burst”. Of course, lately it’s all about the “real estate bubble” bursting. Over the last two years, The Real Estate Guys™ have taken some criticism over one of our
If you’re a regular follower of The Real Estate Guys, you know we like to see the opportunity in every problem. This is the time of year when all the reports on the previous year – as well as the the predictions for the New Year – are all over the airwaves and internet. One
Oh no! Vacancies are up! Read More »
Here we are the end of the first decade of the new millennium. For old geezers like us who remember when George Orwell’s 1984 and Stanley Kubrick’s 2001: A Space Odyssey were speculations into the future, just saying “2010” is weird. And if you’re not in the geezer group, you might not even recognize the
Sign, Sign, Everywhere a Sign Read More »
We noticed an interesting headline it today’s Wall Street Journal. “House Flipping Makes a Comeback”. That brought back fond memories of easy equity during the days of “irrational exuberance” in real estate. Of course, there’s a dark side to irrational exuberance which we’re sure you don’t need to be reminded of. So why did this
WSJ says House Flipping Make a Comeback Read More »
If you’re left brained (logical), we probably already lost you at the headline. But this isn’t a blog on positive thinking (not that we have anything against that). We’re talking about negative equity and how it gets measured. More importantly, where are the opportunities? Just before Thanksgiving, the Wall Street Journal ran a headline that
Don’t Be So Negative! Just Change Your Perspective Read More »
Sorry – not a particularly catchy title for this post – but it’s still an important concept that merits reinforcement. In Equity Happens, we talk about how real estate investing is a business of fundamentals. When you master the fundamentals, then you master the business. In this case, the fundamental we’re talking about is one’s
Problem or Opportunity? Read More »
Today’s Wall Street Journal reports that MGM Mirage is cutting the price of the condominiums in its spectacular City Center project in Las Vegas, Nevada. How big a cut? Thirty percent! We’re not sure what their margin is, but that’s probably all of it and then some. Ouch. Worse, it’s probably still not enough. But
Reality or Mirage? Read More »