Commercial Real Estate Going **BOOM BOOM**(Vid)

[ghemminger]

YouTube - Commercial Real Estate Going **BOOM BOOM**

[ghemminger]

bump

[ghemminger]

I wonder if anywhere else we are seeing office vacancies and retail destruction on this level....I'm hear Atlanta is pretty bad

[eric_cartman]

good vid.

i listen to the patriot radio news hour everyday, and it's supposed to be pretty bad in Arazona

[Sarge]

Found this on AZ,

http://seekingalpha.com/article/1498...tures-circling

Also seeing 10 percent vacancy rate on apartments in AZ. One article said people moving in with other family members. I will guess quite a bit of that figure is illegals heading back to Mexico due to the construction bust.

[theoakman]

The whole notion of a real estate bottom is a joke. The so called "inventory" is not clearing. We have tons of homes that are a shadow inventory resulting from foreclosure moratoriums by both Fannie/Freddie and state governments. Unless they plan on keeping those houses empty forever, they will tank the market further. The market will blow up again the second the losses in commercial real estate are 100% realized. On top of that, we have a new wave of interest rate resets coming in the next 3 years. Bernanke better hope he can keep rates that low for that long...I doubt it happens.

[constitutional]

The guy in the video is so cool.

k thx bai.

[ghemminger]

The whole notion of a real estate bottom is a joke. The so called "inventory" is not clearing. We have tons of homes that are a shadow inventory resulting from foreclosure moratoriums by both Fannie/Freddie and state governments. Unless they plan on keeping those houses empty forever, they will tank the market further. The market will blow up again the second the losses in commercial real estate are 100% realized. On top of that, we have a new wave of interest rate resets coming in the next 3 years. Bernanke better hope he can keep rates that low for that long...I doubt it happens.

that is what I keep saying, how can real estate bottom in of itself??? no FRICKEN way, housing prices are a side product of Job growth , credti, interest rates and inventory!

People don't seem to realize housing comps aren't based on a # but on DEMAND! which won't be there if people don;t have jobs... Real Estate won't pull us out of this

[jclay2]

boom boom......boom

[ghemminger]

boom boom......boom

BOOM BOOM bump

[puppetmaster]

The whole notion of a real estate bottom is a joke. The so called "inventory" is not clearing. We have tons of homes that are a shadow inventory resulting from foreclosure moratoriums by both Fannie/Freddie and state governments. Unless they plan on keeping those houses empty forever, they will tank the market further. The market will blow up again the second the losses in commercial real estate are 100% realized. On top of that, we have a new wave of interest rate resets coming in the next 3 years. Bernanke better hope he can keep rates that low for that long...I doubt it happens.

amen