Friday, October 07, 2005

Real Estate Market Uncertain After Storms (AP via Yahoo! News)


Real Estate Market Uncertain After Storms (AP via Yahoo! News)
Real estate agent Fred Buras' cell phone has been ringing incessantly for weeks. Residents displaced by Hurricane Katrina are on the line asking if he has any high-and-dry properties they can move into quickly. Speculators from across the country are calling, looking to buy heavily damaged homes on the cheap.

Real estate markets grow as world shrinks (Portland Tribune)
Jeff Finn, president and chief operating officer of the NAI Global real estate firm, thinks the world is flat and that means big things for the future of Portland.

Real Estate and Development (In Business Las Vegas)
Most people have heard talk about a housing bubble and whether there is or isn't one, whether it's deflating, or expanding or about to burst. But many people probably haven't heard much, if any, discussion about whether we might be in the middle of a commercial real estate bubble.

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