Archives for June 2008

Screw It – Because Fear Sucks

I think that we’d all agree that the last couple of weeks have been brutal ones for our various markets: the stock market closed Friday at 2004 levels, Oil is at an all-time high, and the real estate market here in Michigan continues to plunge to new lows. And all I keep hearing is doom […]

These Market Returns Suck

Captain Obvious reporting. I was reading the Wall Street Journal yesterday and saw how bad things are right now in terms of available returns on investment. You can tell the bad news by just reading the headlines and some of the charts: Steep Fall for High-Flyers  (China and India stock markets are down over 50%) […]

The Credit Crunch is Hurting Commercial Real Estate

Thomson financial published a good article** on this this morning. Commercial real estate is (and has been) dead here in southeastern Michigan now for a while, except for apartments, which keep going strong. I’m seeing low vacancies, strong rental demand, and healthy rents. This combined with fantastic cap rates and upside potential make this a great time to […]