Monday, December 19, 2011

Real estate recovery likely to be slow

Real Estate recovery likely to be slow, but if you look where it looks the best its right here in our wonderful Bay Area!!! Best micro area to buy real estate is right here!


Fair warning to U.S. reajavascript:void(0)l estate players: Resign yourselves to "a slowing grind-it-out recovery" in 2012, as "enduring economic doldrums" continue to weigh heavily on the market.

Your best bets: a small handful of "property-wealth islands," including San Francisco and San Jose/Silicon Valley, both seen as "primary 24-hour gateways located along global pathways," according to a report being released today at the Urban Land Institute conference in San Francisco.

San Francisco ranks third out of 51 cities as a place to invest in and develop commercial and multifamily apartment properties and fourth in for-sale home building, with San Jose two or three rungs lower in each category, according to the survey compiled by the institute and PricewaterhouseCoopers.

11 comments:

chief gabril said...

Do not sell things, they do not even have their own ... ... the long run, it will not work. True to yourself, your company is real, and success will follow your work.

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Dylanarman said...

The housing and real estate crisis has gained national attention in relation to homeowners and private property foreclosures.

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Cleaning Services said...

As a real estate manager I've been observing that the drop of the properties' prices are still down to 70%. It is a fact that California is one of the states that holds up the highest prices, but in the other areas the property market is still suffering. I hope that the prognoses given in the article will happen.

Shiela Harroway said...

Yes, it's likely to be slow but it has nowhere else to go but up. So yeah, now is the best time to buy foreclosed properties and real estate properties in general, while the price is at their lowest.

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Soni Arun said...

Even Government apply more sanction to it due to this real estate price rises high!!
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RES said...

The information given by you on real estate recovery is likely to be slow. The information is very useful

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