It is likely that you think of a number of things when you hear the words real estate investing. You might immediately leap to real estate investing being real .
Loans for commercial properties, such as office buildings, hotels and shopping centers, are falling into default at an increasing pace, even as experts predict the commercial real estate industry won’t begin to recover until 2012. …
Buyers taking advantage of improved affordability pushed sales up 6.3 percent.
Just before going home on Friday night, Redfin’s Jeff Yee just ran a query against all the active listings in our entire database, which includes listings from brokers, banks and owners selling their own home in Seattle , San Francisco , San Jose , Los Angeles , Orange County, San Diego , Chicago , Boston and Washington, D.C. areas (see links for local statistics on price reductions). What he found: 38% of currently active listings have undergone a price reduction at some point since going on the market. But it was the average magnitude of the drop from the original list price that shocked everyone here: 10.7%. The data-set hasn’t been scrubbed for outliers, and it doesn’t account for price drops where the seller pulled his listing from the market and quickly re-listed at a different price