Aug
29
2008
Mike
Recommended Reading—
by Matt Hudgins for National Real Estate Investor
Activity is slowing in commercial real estate sectors in response to tightening credit and slow economic growth, according to the latest Commercial Real Estate Outlook of the NATIONAL ASSOCIATION OF REALTORS®. Lawrence Yun, NAR chief economist, says problems on Wall Street are affecting commercial real estate. “Although capital remains available for residential loans, the credit crunch is pronounced in commercial lending,” he says…Continue Reading
Tags: Commerical Real Estate, Economics, Economy, Real Estate
Aug
29
2008
Mike
Last month, President Bush signed the Housing and Economic Recovery Act. Due to continued downturn in the residential real estate market and weakened credit market. Below, please find highlights of the provisions which relate to the real estate market and taxes.
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Tags: Housing, Housing and Economic and Recovery Act of 2008, Real Estate, REIT, Taxes
Aug
08
2008
Mike
These days stock investments have been slow performers in our current declining economy. Putting a few thousand dollars each year in an IRA-which is invested in mututal funds, stocks or bonds will not get you far these days. Estimating an annual contribution of 3,000 and a 8% percent return, it would take 30 years to accumulate $350,000. Continue Reading »
Tags: Real Estate, retirement, Taxes
