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Tuesday, June 01, 2010

And the Market to Watch Is..... (Drumroll please)

Well, unfortunately, according to the Emerging Trends, there really is no market to watch at this point. They are not bullish on any particular place. But they do say that investors tend to favor the following:
  • Global gateway markets on the East and West coasts—featuring international airports, ports, and major commercial centers.
  • Cities and urbanizing infill suburbs with 24-hour attributes—upscale, pedestrian-friendly neighborhoods; convenient office, retail, entertainment, and recreation districts; mass transit alternatives to driving; good schools (public and/or private); and relatively safe streets.
  • Brainpower centers—places that offer a dynamic combination of colleges and universities, high-paying industries—high tech, biotech, finance, and health care (medical centers, drug companies)—and government offices.
  • Barrier-to-entry markets where geographic constraints—rivers, lakes, oceans, and mountains—limit development and help control overbuilding.
And what do investors tend to shy away from these days? Try these attributes:
  • Midwest manufacturing centers—automaker travail deflates interest to new lows;
  • Secondary and tertiary cities—anywhere you can’t fly direct to from the global pathway centers;
  • Hot-growth bubble-burst markets, which collapsed under plunging housing prices;
  • Fringe areas—the exurbs and places with long car commutes or where getting a quart of milk means taking a 15- minute drive.
So where does Las Vegas rate in all of this? Like the military, don't ask - don't tell... But if you'd like to register at www.CommercialREOs.com for some nice timing plays when the time is right, please be our guest and do so.

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