Real Estate markets are showing signs of disappointment as of late, Florida, San Francisco, and in Las Vegas are almost identically slow in progress or flat. Although there are still places which expects good run for the season like for example, Washington Countyone of their most profitable year on it's record was 2005, they are confident they can match that feat this year.
On Thursday it has been reported that Federal Reserve Board Governor Susan Bies said that regulators were concerned about the rumored heavy commercial real estate exposure and also the risky mortgage lending practices at U.S. banks. Bies said "There are certain rapidly growing business lines in banking operations that are placing pressures on risk-management systems,"
Wednesday, February 01 2006 @ 12:18 AM MSK
Contributed by: jron
It has been a good year for real estate firm, Boston Properties which is founded by Mortimer Zuckerman, he confesses that his fourth quarter earnings were more than double on gains from it's real estate side
2005 may very well be the best year for Phoenix's commercial real estate market as economic analyst concludes. The one person who's having a great time over the market's boom is David E. Sellers, why? Because it carries his business's in a good fashion.
Real estate is in constant waters for the time being, at least one source says. Real estate market is really difficult to predict nowadays. Facts are known from real time experience, the status of the market relies on the people behind it.
Last year, Progressive Homesellers, Inc., was ordered to close their doors on the last quarter of last year by the Washington Department of licensing, is reportedly will reopened for business after they received their license.