Archive for the 'Real Estate' Category

Real Estate in Cape Coral

This image is from a New York Times article about the former real estate bubble in Cape Coral, Florida. I think it speaks for itself.

Banks and Real Estate

The Office of Thrift Supervision tells Florida’s largest financial institution, $14 billion BankUnited of Coral Gables, to find a buyer to raise its depleted capital to acceptable levels or risk a government takeover. (Zero Hedge)

Two more bank failures; will real estate continue to plunge for two more years as banks withhold foreclosed homes to prop sales? (Gold Versus Paper)

Commercial Real Estate Could Break Down Right Now

First, The Financial Ninja says the commercial real estate index could come crashing down. Take a look.

Second, REIT dividends are being cut, paid in the form of stock, or eliminated as commercial real estate values fall.

I still am short real estate via SRS.