Source: Pacific Business Journal (Honolulu)
Many experts in the commercial real estate sector are predicting slowing in 2008 that will correct the commercial market. The slowing has been called a “healthy correction”. Long-term investors will most likely not be affected by the slowing in 2008 but it will affect short-term investors and those who have over [...]
Monthly Archives: October 2007
Commercial Market to Correct in 2008
Commercial Construction Surprisingly Growing
Source: St. Louis Business Journal
The Chief Economist for the Associated General Contractors of America, Ken Simonson, has looked at statistics from the United States Bureau of Labor and Statistics and says that construction jobs have been growing during the past year. Despite the housing market crumble, nonresidential construction jobs have increased by nearly 42,000 jobs [...]
Survey Says, Real Estate Still Good Investment
Source: Birmingham Business Journal
A recent survey conducted by Washington-based Guidant Financial Group revealed that among self-directed IRA holders real estate is still the #1 consideration for investment. The survey asked 1,000
IRA holders, all self directed investors and 65% indicated that they are considering real estate as the top sector to grow their fund. This comes [...]
