Category Archives: Real Estate

San Francisco Bay Area Pending Home Sales Plunge, California’s Drop too, and It’s Not a Blip

San Francisco Bay Area Pending Home Sales Plunge, California’s Drop too, and It’s Not a Blip | Wolf Street https://wolfstreet.com/2017/09/27/san-francisco-bay-area-pending-home-sales-plunge-california-pending-home-sales/ Re-posted from Wolf Street. Geoff Geoff Comments: The Northern California real estate bubble has burst…

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NYC Commercial Real Estate Sales Plunge Over 50% As Owners Lever Up In The Absence Of Buyers

NYC Commercial Real Estate Sales Plunge Over 50% As Owners Lever Up In The Absence Of Buyers | Zero Hedge http://www.zerohedge.com/news/2017-09-06/nyc-commercial-real-estate-sales-plunge-over-50-owners-lever-absence-buyers Re-posted from Zero Hedge. Geoff Geoff Comments: The NYC commercial real estate bubble has just burst, sellers are dumbfounded… … Continue reading

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Look Out Manhattan – Chinese Foreign Real-Estate Spending Plunges 82%

Look Out Manhattan – Chinese Foreign Real-Estate Spending Plunges 82% | Zero Hedge http://www.zerohedge.com/news/2017-08-10/look-out-manhattan-chinese-foreign-real-estate-spending-plunges-82 Re-posted from Zero Hedge. Geoff Geoff Comments: The Chinese have with drawn from purchasing trophy real estate in Manhattan, just as the Russians before them and … Continue reading

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China buying in Manhattan commercial real estate could be scuttled

China buying in Manhattan commercial real estate could be scuttled – Business Insider http://www.businessinsider.com/china-manhattan-commercial-real-estate-2017-8?utm_source=feedburner&amp%3Butm_medium=referral&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29&utm_content=FeedBurner+user+view Re-posted from Business Insider. Geoff Geoff Comments: On que, the Chinese are leaving the market they made as prices become unreasonable and the market becomes unsustainable… … Continue reading

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High-End Manhattan Real Estate Gets A Reality Check As 40-50% Of Listings See Price Cuts

High-End Manhattan Real Estate Gets A Reality Check As 40-50% Of Listings See Price Cuts | Zero Hedge http://www.zerohedge.com/news/2017-08-08/high-end-manhattan-real-estate-gets-reality-check-40-50-listings-see-price-cuts Re-posted from Zero Hedge. Geoff Geoff Comments: The Manhattan Real Estate Bubble has really collapsed, there will be no significant recovery … Continue reading

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Presidio Terrace, mansion-lined San Francisco street, sells for $90K

Presidio Terrace, mansion-lined San Francisco street, sells for $90K http://www.cbsnews.com/news/presidio-terrace-mansion-lined-san-francisco-street-sells-90k/ Re-posted from CBS News. Geoff Geoff Comments: The Spoils go to people operating in obscure, but important areas, this story is about just that…

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This Hits the Wheezing Commercial Real Estate Bubble at Worst Possible Time

This Hits the Wheezing Commercial Real Estate Bubble at Worst Possible Time | Wolf Street http://wolfstreet.com/2017/08/08/this-hits-the-wheezing-commercial-real-estate-bubble-at-worst-possible-time/ Re-posted from Wolf street. Geoff Geoff Comments: The Commercial Real Estate Bubble, compounded by buying activities of major Chinese conglomerates is now ready to … Continue reading

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What’ll Happen to US Commercial Real Estate as Chinese Money Dries Up?

What’ll Happen to US Commercial Real Estate as Chinese Money Dries Up? http://wolfstreet.com/2017/07/17/what-happens-so-u-s-commercial-property-as-chinese-money-dries-up/ Re-posted from Wolf Street. Geoff Geoff Comments: This phenomenon is not new (it was the Japanese in the 1970s) but it is not good, it will end … Continue reading

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Wanda sale to Sunac: Strange accounting trick behind one of China’s largest property deals ever

Wanda sale to Sunac: Strange accounting trick behind one of China’s largest property deals ever http://www.cnbc.com/2017/07/12/wanda-sale-to-sunac-strange-accounting-trick-behind-one-of-chinas-largest-property-deals-ever.html Re-posted from CNBC. Geoff Geoff Comments: This is a deal in which the guy who structured it will be hailed as a financial genius, … Continue reading

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The Federal Government Owns 61 Percent Of Idaho, 64 Percent Of Utah And 84 Percent Of Nevada

The Federal Government Owns 61 Percent Of Idaho, 64 Percent Of Utah And 84 Percent Of Nevada http://theeconomiccollapseblog.com/archives/the-federal-government-owns-61-percent-of-idaho-64-percent-of-utah-and-84-percent-of-nevada Re-posted from The Economic Collapse Blog. Geoff

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