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From the October 6, 2009 PBS “News Hour.”
One sees this every day. Storefronts on Park Avenue South where overpriced restaurants sat two years ago are empty with “For Rent” signs, something one never saw in such neighborhoods. Traditionally in NYC, property changes hands in private deals, never through the posting of rent signs. With 1% down payments, commercial real estate makes the subprime meltdown look outright responsible.
Duration : 0:5:53
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How is your town doing? Is there tons of empty commercial real estate? Is this the end of the urban sprawl? Many are losing millions from lost rentals. If the large corporations are having a hard time staying in business how is the little guy going to make it? If debt is money and there is no credit, there is no money! Please add a video of your town of commercial or residential. You pray & the churches prey! March 13, 2009
Duration : 0:2:35
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Interview with Real Estate Investor Corey. We discuss the current market for investing in residential and commercial properties. Corey goes into detail about the recent collapse in real estate an what he expects to come in the next few years. He goes into detail how investors were hurt, even in moderately collapsed markets and how there is little upside long term in playing the real estate game.
Corey’s Strategy Moving Forward
http://www.directorslive.com/video/2724/Investor-Explains-Investment-Strategy-in-Downward-Real-Estate-Spiral
Duration : 0:8:11
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DEFENDING CHAMPION REALTORS ROUT ELASTO PAINTERS IN GAME 1
Omolon, Yeo star for Sta. Lucia in physical, highly-emotional game
Wednesday, 07 January 2009
Just in case the Rain or Shine Elasto Painters have forgotten it, the Sta. Lucia Realtors just reminded their challengers who they’re up against.
The defending champions delivered the message strongly in the form of a lopsided 101-84 victory in the opener of their KFC-PBA Philippine Cup quarterfinal series Wednesday night at the Araneta Coliseum.
Nelbert Omolon scattered a game-high and personal conference-high 30 points and Joseph Yeo scored 12 of his 26 points in the third quarter, including a 3-for-3 stint from the behind the arc as the Realtors took away any hopes of a comeback by the playoffs first-timers.
With their fourth straight win dating back to eliminations, the Realtors registered their longest win streak in the conference and in almost a year and need just one more victory to clinch their spot in the semifinals.
Game 2 of the best-of-three series is slated Friday at the Cuneta Astrodome.
“Our defense stepped up tonight,” said Sta. Lucia head coach Boyet Fernandez after the game. “Our goal was to contain and limit Gabe (Norwood) and Sol (Mercado) in the first half and try to limit Rain or Shine’s outside shooting. I thought we really did a good job on those targets.”
Fernandez was also all praises for Yeo.
He stepped up up his game when Marlou (Aquino) went out of the game,” he said.
Game 1 of the series was virtually a mismatch.
The Elasto Painters kept the game close only the first quarter before the defending champions ripped the game wide open with excellent shooting and outstanding defense.
Rain or Shine’s poor showing could have likely been caused again by poor shooting. Almost two weeks after being held by Barangay Ginebra to all-time franchise lows in scoring (58 points) and field goal shooting (27.3%) in a 63-58 loss in their final game in the eliminations, the Elasto Painters again struggled offensively all night. Against the Realtors, they made just 27-of-81 shots (33 percent) and managed just 10 assists.
Aside from Omolon and Yeo, team captain Dennis Espino was the only other Realtor in double digits with 10 points although the rest of the players Fernandez fielded for the night scored two or more.
Jay-R Reyes led Rain or Shine with 16 points on a 6-of-13 shooting and rookie Sol Mercado added 13, despite making just 2-of-13 shots.
Mercado and fellow rookie Norwood, who carried the load for the team in the elims, was visibly not in their elements.
Norwood, who managed just nine points, made noise late in the third period but for the wrong reasons.
The top rookie pick threw the ball at Omolon after the Sta. Lucia forward nearly swiped his head after trying to steal the ball. Norwood was called for a flagrant foul-penalty 2 which would mean an automatic one-game suspension depending on the results of an evaluation to be conducted by the PBA Technical staff.
Yeo, Mercado and Ryan Arana, who rushed in when the incident took place, were slapped with technical fouls in the bench-emptying incident which happened at 5:55 mark of the third period and with the Realtors ahead by a mile 65-47.
Yeo and Omolon made five technical free throws at the resumption of play before Yeo knocked in a 3-pointer to give Sta. Lucia a huge 73-47 advantage with 5:39 remaining the third. (DBC)
The scores:
Sta. Lucia 101 – Omolon 30, Yeo 26, Espino 10, Gonzales 8, Aquino 6, Reyes 4, Williams 4, Miranda 4, Mendoza 3, Gregorio 2, Coronel 2, Daa 2.
Rain or Shine 84 – Reyes 16, Mercado 13, Salangsang 10, Norwood 9, Tang 9, Arana 9, Isip 7, Wainwright 7, Dulay 2, Andaya , Ibanes 0, Ejercito 0.
Quarterscores: 23-17, 50-37, 85-62, 101-84.
Duration : 0:0:20
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Hello and welcome to This Month in Real Estate. Im Jay Papasan.
The First Time Homebuyer Tax Credit has been extended and expanded, and the details can be found in our most recent special edition.
For December, we take a look at the results the incentive had on stimulating home sales since 2008.
According to the IRS, about 1.4 million people have taken advantage of the first time homebuyer tax credit.
Not surprisingly, California ranks number one with the number of people filing a claim for the tax credit, while Alaska and Wyoming are among the states with the fewest number of claims.
But those numbers dont tell the whole story. For more, we go to Bryon Ellington. Bryon?
Bryon: Thanks, Jay.
According to the Internal Revenue Service, every state in the Union has participated in the First Time Home Buyer Tax Credit.
If we look at the results according to the total number of claims, heres how the rankings shake out:
California is number one with more than 160 thousand tax payers taking advantage of the first time home buyer tax credit.
Texas is number two with over 131 thousand.
And Florida is number three with over 105 thousand.
But when we look at the data in terms of per capita claims, or the percentage of folks in each state who took advantage of the tax credit, we get radically different results.
Heres a look at the top three in terms of per capita participation in the tax credit
Nevada is in the number one position with more than 20 thousand claims out of a population of 2.6 million.
Utah is in the number two position with over 17 thousand claims out of a population of 2.7 million.
And Arizona is in the third position with over 38 thousand claims out of a population of 6.5 million.
Whats more, we find Alaska moving from near the bottom of the rankings to number 26 above California! And Wyoming, the least populated state in the U.S., moves to number 16. Thats just a bit behind Texas in terms of per capita tax payer participation.
Back to you, Jay
Jay: Thanks, Bryon. Thats it for This Month in Real Estate. Thank you for joining us.
Duration : 0:3:6
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April 26 (Bloomberg) — John Saunders, managing director of MGPA, talks in Hong Kong with Bloomberg’s Melissa Long about China’s property market.
China tightened real-estate financing by requiring developers to submit fund-raising plans for review, stepping up efforts to prevent a bubble even as the central bank pledged to maintain an “easy” monetary policy.(Source: Bloomberg)
Duration : 0:4:56
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http://www.SunwestTrust.com, 800-642-7167, Self Directed IRA Custodian is known for its diversified business interests. These include self-directed IRAs that allow clients to invest their IRA in anything that the IRS will allow such as Real Estate, Mortgages, Limited Liability Companies and Private Stock. In addition to Escrow and IRA businesses, Sunwest also acts as a facilitator for 1031 tax deferred exchanges for real estate.
Need a video or a video marketed for your business contact Best Online Results http://www.BestOnlineResults.com
Duration : 0:3:7
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Arizona Luxury Real Estate. PRICE: $6,500,000 CONTACT: Karen Pokorney http://www.azrealestategroup.com/ Mobile: (602) 686-6464, Direct (602) 707-9307 Email: Karen@AZRealEstateGroup.com
Type: 5
Size: 10463 Sq.Ft.
Bed: 5
Bath: 6.5
Garage: 6
Pool: Yes
School District: 048
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http://www.TheLuxuryBrokers.com All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
Neither The Luxury Brokers, LLC. nor the service providers for The Luxury Brokers, LLC. are liable for any errors or inaccuracies in the information provided through this website. © 2008 The Luxury Brokers, LLC.
Duration : 0:7:4
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Each month, This Month in Real Estate provides expert opinion and analysis on real estate trends across the nation. The aim of the consumer-oriented segments is to help agents combat the “doom and gloom” messages of the national print and television media with real information on real estate.
Duration : 0:3:39
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