Blog URL:http://www.reiblog.org/
Blog Tags:Real Estate, investment, finance

A real estate investor's blog.



Latest Blog Posts



US consumer confidence jumps in May

25May2009

US consumer confidence jumps in May The Conference Board’s index of consumer confidence surged to 54.9 in May from 39.2 in April. The improvement was primarily driven by a 21.3 surge in the expectations index to 72.3, the highest reading since...

Baja Real Estate is in in a Hot Market

26Aug2009

Baja Real Estate is again in in a Hot market now, no matter ocean view condo or ocean front villa, they all sell quickly while the demand has increased recently. Ensenada real estate is one of the area many travelers and investors are very interested...

Real estate - Demand for architectural services still contracting

24Aug2009

Demand for architectural services, a leading indicator for commercial construction, continues to contract. The Architectural Billings Index rose to 43.1 in July from 37.7 in June. Remember that this is an ISM-style index where anything below 50 indic...

The risks from the commercial real estate bust

7Aug2009

Commercial real estate prices are falling faster than home prices and losses will mount Private commercial construction will continue to contract sharply, hitting GDP growth Lenders’ losses may total $250-500bn, hurting especially regional and...

US new home sales jumped higher in July, showing another positive indicator for the housing market

25Aug2009

New home sales jumped 9.6% m/m to 433,000 in July, considerably above consensus (390K) expectations. Adding to the positive signal, the data were revised to show stronger sales over the prior few months with net upward revisions of 34,000 homes. An i...

Imbalance between US home sales and inventory widened in April

26May2009

Existing home sales rose 2.9% m/m to 4.68mn saar in April, in line with expectations. This partially offsets the 3.4% drop in March, keeping existing home sales roughly stable since the end of last year. Sales increased 3.5% m/m in the West, which tr...

S&P/Case-Shiller US home prices rose q/q in Q2 for the first time since Q1 06

25Aug2009

Obama nominates Bernanke for second term President Obama nominated Fed Chairman Bernanke for a second four-year term starting on January 31. Bernanke’s reappointment will have to be approved by the Senate, which seems probable given the endorse...