06
At The Beach With My Millions
Posted under VERO BEACH by admin
relaxing at the beach with your millions of dollars is a lot funner when you have some old friends to help you blow all that cash
Duration : 1 min 8 sec
relaxing at the beach with your millions of dollars is a lot funner when you have some old friends to help you blow all that cash
Duration : 1 min 8 sec
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I cruise around my area in SoCal and talk about the deteriorating situation. Specifically real estate.
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Duration : 0:8:12
http://www.investorsoracle.com/Real-Estate-Investing/No-Money-Down-Real-Estate-Investing/
A number of tips for those looking into no money down real estate investment strategies.
Duration : 1 min 59 sec
Russ Mitchell spoke with Nancy Walkley the whistle blower in the case of real estate mogul Andrew Kissel who was charged with swindling $40 million before he was murdered in 2006.
Duration : 0:5:39
Each month, This Month in real estate provides expert opinion and analysis on real estate trends across the nation. The aim of the consumer-oriented segments is to provide real information on real estate.
Duration : 0:3:13
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Duration : 0:6:38
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Aug. 10 (Bloomberg) — The collapse in commercial real estate is preventing Federal Reserve Chairman Ben S. Bernanke from declaring the economy and financial markets are healed.
Property values have fallen 35 percent since October 2007, according to Moodys Investors Service. Thats making it tough for owners to refinance almost $165 billion of mortgages for skyscrapers, shopping malls and hotels this year, pressuring companies such as Maguire Properties Inc., the largest office landlord in downtown Los Angeles, to put buildings up for sale.
Negative Fundamental
Demand for commercial space comes from employment and the income generated by that employment, said University of Pennsylvania Professor Joseph Gyourko, director of the Wharton Schools Samuel Zell and Robert Lurie Real Estate Center in Philadelphia. Mounting job losses are a really significant negative fundamental, signaling that conditions are going to be tough for the industry for a while, he said.
That may spill over into mounting losses at some banks. Forty-seven percent of loans at the 7,000-plus smaller U.S. lenders are in commercial real estate, compared with 17 percent for the biggest banks, according to New York-based Goldman Sachs Group Inc.
Duration : 0:5:57
Hello and welcome to This Month in real estate. Im Jay Papasan.
The First Time Homebuyer Tax Credit has been extended and expanded, and the details can be found in our most recent special edition.
For December, we take a look at the results the incentive had on stimulating home sales since 2008.
According to the IRS, about 1.4 million people have taken advantage of the first time homebuyer tax credit.
Not surprisingly, California ranks number one with the number of people filing a claim for the tax credit, while Alaska and Wyoming are among the states with the fewest number of claims.
But those numbers dont tell the whole story. For more, we go to Bryon Ellington. Bryon?
Bryon: Thanks, Jay.
According to the Internal Revenue Service, every state in the Union has participated in the First Time Home Buyer Tax Credit.
If we look at the results according to the total number of claims, heres how the rankings shake out:
California is number one with more than 160 thousand tax payers taking advantage of the first time home buyer tax credit.
Texas is number two with over 131 thousand.
And FLORIDA is number three with over 105 thousand.
But when we look at the data in terms of per capita claims, or the percentage of folks in each state who took advantage of the tax credit, we get radically different results.
Heres a look at the top three in terms of per capita participation in the tax credit
Nevada is in the number one position with more than 20 thousand claims out of a population of 2.6 million.
Utah is in the number two position with over 17 thousand claims out of a population of 2.7 million.
And Arizona is in the third position with over 38 thousand claims out of a population of 6.5 million.
Whats more, we find Alaska moving from near the bottom of the rankings to number 26 above California! And Wyoming, the least populated state in the U.S., moves to number 16. Thats just a bit behind Texas in terms of per capita tax payer participation.
Back to you, Jay
Jay: Thanks, Bryon. Thats it for This Month in Real Estate. Thank you for joining us.
Duration : 0:3:6
Each month, This Month in real estate provides expert opinion and analysis on real estate trends across the nation. The aim of the consumer-oriented segments is to provide real information on real estate.
Duration : 0:2:30