Commercial property  investors received another battering  as a raft of bearish forecasts and store closures poured more gloom on the retail sector.

As the numbers of retailers closing their doors,  moved from a trickle to a steady flow, store closures were forecast to rise by 27,000 by the end of February, leaving one in 10 outlets across the UK empty.

Experian, the market analysts, says a combination of store disposals, administrations and branch rationalisations would see the vacancy rate jump from 7% to 15% by the end of the year, a record level.

Meanwhile, property consultants King Sturge forecasts that commercial property values could fall a further 15% in 2009, after a 25% drop in 2008. Office space will be the hardest hit, says King Sturge, suffering a 50% drop in value from its peak, followed by retail at 40% and industrials at 35%.

The sector’s downturn has hit the performance of UK commercial property funds, with the average fund in the Investment Management Association (IMA) Property Sector recording a 30% loss in the past 12 months, according to Lipper.

This has affected sentiment, with retail investors taking a net £117m out of property funds in October, according to the IMA.

But some are bravìng the gloom . Fidelity International claims that the next 18 months “will offer the best opportunity to acquire commercial real estate in a generation”. Its veteran stock picker, Anthony Bolton, said in early December that although capital values still had a long way to fall, sector yields, which were about 6.5% at the time, were “attractive”.

“Instead of cutting their losses, current investors should sit tight and take a medium to long-term view as we believe there will be a turnround in the next 12 to 18 months,” says Gavin Haynes, investment manager with Whitechurch Securities, the financial advisers.

One of the sector’s biggest funds, Aviva’s £1.9billion Investors Property Investment, formerly the Norwich Property Trust, expects more pain in the short term, but says prospects are very favourable over the long term. “We see 2009 as a good opportunity, if not an unprecedented opportunity, to buy at exceptional value,” says David Skinner, strategy and research director with Aviva Investors.

Skinner says gross initial yields for the sector are likely to have risen to about 7% since Bolton’s comments.

But some advise against a hasty return to commercial property funds. “It might be tempting to improve yield, but it’s too soon to move back,” says Mark Dampier, investment director with Hargreaves Lansdown. “Anything that requires credit is going to have a hard time and we are going to see more spaces for rent and more defaults.”

Brian Dennehy, managing director of Dennehy Weller, agrees that it is “too early” to return to equity-based investments in property and expects a recovery won’t be felt uniformly. “Those funds more closely correlated with the stock market, such as Reits, are more likely to pick up sooner, compared with funds that invest directly in bricks and mortar,” he argues. “Property share funds have taken a bigger battering, but the way the cycle works, they will bounce back much faster and further than bricks and mortar.”

Although this week’s forecasts have shed more gloom, some fund managers say they won’t be making drastic changes to their portfolios.

“The way to get through this is not to juggle allocation and jump from retail to office and back,” says Don Jordison, joint manager of Threadneedle’s £32million UK Property Fund, which has held 55% in cash for the past 12 months and is one of the sector’s best performers. “Our strategy has been to diversify from risk. We don’t invest in trophy assets, and avoid property developments.”

About UK Business Property

Whilst there are more than 20 portals covering residential property in the UK the commercial property market remains relatively unserved, with no site having a majority share of the total available commercial property listed. The internet has taken a significantly greater share of all advertising spend each year as it continues to prove that it is the most effective medium for advertisers to reach their audience.

Traditional estate agency methods remain quite successful in reaching the local market around a property, but do not capture leads from the national and international markets at all well. With increasing mobility of populations and business in the global village, it makes sense to expose commercial properties as efficiently as possible to the whole market. In 2006 there were 6 million searches (based on figures from Yahoo Search) made on the internet in the UK for commercial property of all types. Many of these searches will be fruitless as major search engines do not expose many of the available properties at present.

UK Business Property aims to change this by offering commercial agents important incentives to bring all their properties to the whole market. By linking to UKBP agents will bring more traffic to their websites. For agents who do not yet have a fully featured search on their website UKBP offers it’s advanced search functions free of charge, in an easy to implement solution. The advantage is that you keep your visitors on your site and build your brand in your local market, while receiving leads from a national and international audience.

UKBP is committed to supporting agents, with advantageous Agency Terms and a profitable opening offer to it’s Founder Members, who Register and upload their properties before 28th February 2007.

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With property boom in India spreading across all directions, real estate business is touching a new height every day. Additionally, the growth of this sector depends on the policies adopted by the government to make investments mainly in the economic and industrial sector easier. The new stand chosen by Indian government in regard to foreign direct investment (FDI) policies has inspired confidence an increasing number of countries to make investment in Indian properties.

India has displaced the United States as the second-most suitable destination for FDI in the world. As the investment scenario is changing, India has attracted more than four times foreign investment at US$ 8.96 billion during the first half of 2006-07 fiscal, as against US$ 3.38 billion during the corresponding period of 2005-06. And this achievement is making India amongst the “dominant host countries” for FDI in Asia and the Pacific (APAC).

The positive point of view of Indian government is the key factor behind the unexpected rise of the Indian real estate market. The real estate sector is the second largest employer after agriculture sector in India. Today, this growing sector is witnessing development in all areas, such as retail, residential and commercial in metro cities of India that include Mumbai, Kolkata, Chennai and Delhi & NCR. Easier access to bank loans and higher earnings are some of the primary basis behind the sudden jump in real estate sector.

Why Invest In Indian Real Estate?

Owing to vigorous boom in real estate sector, property in India has become a dream for every potential investor who is looking forward to dig profits. All are eyeing for a share in Indian property market for a variety of reasons:

•The Indian growing economy is on a continuous rise with 8.1 per cent increase witnessed in the last financial year. The sudden boom in Indian economy increases purchasing power of its people and creates demand for real estate sector.

•India is producing an estimated number of 2 million new graduates from various universities during this year, which is creating a demand for 100 million square feet of official and industrial space.

•Fortune 500 companies are in good presence and other reputed companies will attract more companies to initiate their operational bases in India thus arising more demand for corporate space.

•Investments in real estate sector of India are paying huge dividends. More than 70 percent of investors belonging to foreign countries are making profits and another 12 percent are breaking even.

•Aside from IT, ITES and Business Process Outsourcing (BPO), India has shown its expertise in sectors like pharmaceuticals, auto-components, apparels, chemicals and jewellery where it can match the best in the world. These positive inherent characteristics of India are definitely going to attract more foreign investors in the near future.

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Have you noticed a slowdown in the sales of commercial properties in your market. Well you certainly aren’t the only one.

A recent report from the research firm Jones Lang LaSalle comparing first-quarter United States Commercial Real Estate sales volume of 2008 to the first quarter of 2007 shows…

A 69% year-over-year decrease !!

And that’s not all…

Worldwide Commercial Real Estate transactions are down a whopping 46% comparing first-quarter ‘08 to first-quarter ‘07. Now those are some impressive numbers. We have certainly noticed a major slowdown in transaction volume in the Texas markets.

I had a chance to interview the CEO of Investortours University – Monte Lee-Wen – this week and asked him specifically what he sees as the major cause for the slowdown. Here are his observatons…

Investortours: “What can you say about the CRE Transaction slowdown this article points out?”

Monte Lee-Wen: “The number of sales are definitely slowing down for a couple of reasons: The credit markets are making it difficult to obtain financing. Many pending sales are taking 2 to 3 times longer to close as well. Lenders are being far more conservative in their underwriting which is resulting in lower LTVs. The cost of capital is increasing as lenders increase their spreads and up-front costs. And this all results to higher costs for investors and, therefore, lower return on their investment.”

Investortours: “So the costs are up and returns are down. How does that affect the behavior of the Sellers and Buyers?”

Monte Lee-Wen: “Well that creates a spread between bid and ask price for Commercial Properties. In this new environment, Sellers are asking too much for their properties and Buyers are offering less than before. Many Sellers are realizing they can’t get the prices they might have 18 months ago and that now may not be a good time to sell. And many of the Buyers that were in the market 18 months ago are out – the 1031 buyers for example – so we are seeing less transactions taking place”

Investortours: “What do you see with regards to Sales Volumes looking forward?”

Monte Lee-Wen: “I think the slowdown is temporary. Credit markets will come back to more normal conditions and it will gradually become easier to secure financing. Sellers will eventually come back down to earth. Over the the rest of this year and in to 2009 we will continue to see slower sales volumes than in the past. In the meantime, there will still be a small number of distressed Sellers who have to sell and will do so at depressed prices. A lot of the people we are seeing sell now are in trouble”

Investortours: “What tips would you give our students who are eager to buy?”

Monte Lee-Wen: “Be patient. Build your team. Keep your lead generators going and watch for bargain properties as they show up. Make sure you only offer what the property can justify based on current income. And expect Sellers to begin accepting your offers again soon as they get a better understanding of what their property is really worth today. I can’t tell you how long the slowdown will last … no one can.

AND in this market remember a few more very important things when it comes to getting your deal financed

- Use conservative underwriting in your Proformas
- Don’t expect any more than 75% LTV
- And write in an extra 30 days extension on your financing period … because loans are just taking longer these days.”

Investortours: “Thanks Monte.”

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When selling your fsbo real estate there are many things you can do just as a real estate broker would to assist the sell of your property. Your home is a product, and the marketing and price will play a large factor in the success of your attempt to sell. Follow some of these simple guides to market your home like a real estate agent.

Photos – A picture is worth a thousand words!

Take high quality photos of the home preferably during optimum conditions. Have images of the outside of the home from the front on a bright sunny day. Include photos of the kitchen, living area, and master bedroom; make sure all clutter is gone and counters are cleaned off. Set the scene with small things like fresh flowers, set the dining room table, or maybe a nice fruit basket in the kitchen. Make the home look warm and inviting!

Write informative sales copy

In a few sentences point out the positive attributes of the home or property. Include location advantages such as close to schools, shopping, beaches, etc. and property uses such as single family home, ranch, or rental potential. Remember the characteristics you fell for when you purchased the property: great view, nestled in the trees, swimming pool, large kitchen, etc. Include all the positive things that are not obvious in the photos or could bear repeating.

Price competitively

Many homes sit on the market for extended periods of time with no interest because of over-pricing. On the other hand nobody wants to lose money on one of his or her biggest investments. Most real estate agents do a competitive market analysis or CMA on a property to suggest the asking price to a seller. With information on the internet to you it is easy for you to do a CMA yourself. Search for similar homes in your area currently on the market, most agents now offer the area MLS on their websites that you can use for this task. Some agents also offer a comprehensive list of sold properties on the web as well. Search this or county records for similar properties to yours that sold over the past year. This information will give you an idea of what the house is worth, what others are asking, and how much of a supply there is for your house style and size.

Investor information

More and more real estate buyers are investors looking for property to add to rental house markets. Contact a property management company in your area to assist you with a rental analysis for your home. This gives a third party speculation for the rental income the home can potentially bring in for an investor who places the property into the rental pool. With this already in hand to share with potential investment buyers your chance for a sale in this group increases exponentially.

Your real estate is one of thousands on the market in your demographic! Help your listing stand out from the crowd with quality photos and a great sales description. Give the potential buyer a complete picture of the property to make a well-informed decision. If the price is right for both parties involved the sale will go through without a hitch, and you will save thousands of dollars on an agents commission.

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The worsening economic conditions have now taken their toll on almost every commercial property market in the world, according to a global survey of real estate surveyors. The past few months has shown a sharp decline in the need and demand for real estate in areas that had previously appeared immune to the current economic crisis. In particular parts of Asia and Eastern Europe have been affected with realtors’ allegedly reporting record downfalls in the demand for commercial properties. The Indian commercial property market has been especially hard hit and one of the biggest slumps in real estate values has been seen in Eastern Europe a region that up until recently was experiencing a boom in their building and developer industry. Areas such as Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania, Russia, Slovakia, Turkey and the Ukraine have all reported a fall in land and real estate values, with Russia being the hardest hit country.

The credit crunch has literally burst the Bulgaria property bubble with financiers desperately trying to sell any investment property they have there. Bulgaria’s economy has been left in a serious state due to heavy investments into tourism and commercial property in preference to expenditure on manufacturing and exporting.

Russian commercial property investments are also being put on hold as the now global credit crunch sets in. Developers in Russian cities are postponing projects due to lack of capital, with shopping centres and malls being the most affected. Major cities such as St Petersburg and Moscow are feeling the financial pinch as well as regional cities whose plans for expansion have had to be put on hold.

However, some countries are showing more resilience than others to the economic downturn. RICS research has shown that China’s commercial property market has shown more resistance with some actual increases to be expected in the number of commercial property that is being leased and sold throughout China in the upcoming months.

Central London is another city that has been hit hard by the commercial property down turn with investment funds that specialise in retail developments and office blocks being especially knocked by the slump. Retailers are being encouraged to fight the downturn in sales this Christmas by ensuring they provide unrivalled brand value, competitive consumer focussed pricing and value added promotions that encourage repeat purchase activity as opposed to the usual seasonal glitzy TV campaigns.

9900 1031 Janes Rd, Greece, NY 14612 For more details, visit us here: www.nothnagle.com For more information contact: Paul Schiliro Email: pschiliro@nothnagle.com (585) 368-7170 MLS Number: R122527 School District: Greece Prime 8.1 Acre Parcel of Land Situated in Fast-Developing Location Offers Countless Possibilities! 1296 Square Feet Ranch on Northern End of Property Also Included in Sale. Situated Close to Lake Ontario Parkway and Rte390. Let Paul Schiliro show you this commercial property at 1031 Janes Road in Greece. This great commercial property offers 8.1 acres. This land includes a nice ranch home on north end of property. Attention all investors, this land is ready for your development plans. This choice location makes it a premium commercial property. Lots of potential for this commercial location. Don’t miss out! Contact Paul Schiliro to arrange for a personal showing.

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The community of Clairemont (sometimes called Clairemont Mesa) is located in central San Diego County, California. The community is located off Interstate 5 at Balboa Ave and is within the 92117 Zip code.

The real estate and homes for sale in Clairemont fall into the moderate-income category for San Diego County. The number of homes sold in a particular year is relatively high. For example, during the period from January through July 2006, approximately 183 single-family homes sold. Approximately 226 homes sold for the same period in 2005.

One method to analyze pricing trends for a particular community is to evaluate the median and average price of homes for a particular month, and compare that data against the same period last year. What follows is a comparison of the median price and average price of homes for the past seven months (January through July 2006), compared against the data for the corresponding time period in 2005.

The median price of homes represents the point at which half the homes are above a particular price point, and half the homes are below a particular price point. The average price of homes is calculated by adding up the sales price of all homes sold in a particular month, and dividing that value by the number of homes sold.

The median price of homes in July 2006 was 0,000, compared to 2,500 in July 2005, which represents a 0.9% drop. The average price of homes in July 2006 was 5,114, compared to 5,602 in July 2005, which represents a 2.4% drop. Approximately 21 homes sold in July 2006 and 26 in July 2005. The data provides evidence that there was a downward price trend in July 2006 compared to the same period last year.

The median price of homes in June 2006 was 5,000, compared to 0,000 in June 2005, which represents a 2.6% drop. The average price of homes in June 2006 was 6,758, compared to 4,415 in June 2005, which represents a 0.4% increase. Approximately 30 homes sold in June 2006 and 34 in June 2005. The data for June 2006 was mixed, as median prices declined and average prices rose slightly from the same period last year.

The median price of homes in May 2006 was 0,000, compared to 2,000 in May 2005, which represents a 2.3% drop. The average price of homes in May 2006 was 4,012, compared to 2,000 in May 2005, which represents a 0.3% increase. Approximately 33 homes sold in May 2006 and 37 in May 2005. The data was mixed in June 2006, as median prices declined and average prices rose slightly from the same period last year.

The median price of homes in April 2006 was 4,000, compared to 5,000 in April 2005, which represents a 0.20% drop. The average price of homes in April 2006 was 4,722, compared to 2,897 in April 2005, which represents a 4.6% drop. Approximately 32 homes sold in April 2006 and 36 in April 2005. The data provides evidence that there was a downward price trend in April 2006 compared to the same period last year.

The median price of homes in March 2006 was 8,000, compared to 5,000 in March 2005, which represents a 1.5% increase. The average price of homes in March 2006 was 9,161, compared to 6,227 in March 2005, which represents a 3.60% increase. Approximately 29 homes sold in March 2006 and 39 in March 2005. The data provides evidence that there was an upward price trend in March 2006 compared to the same period last year.

The median price of homes in February 2006 was 0,000, compared to 5,000 in February 2005, which represents a 7.4% increase. The average price of homes in February 2006 was 2,435, compared to 1,708 in February 2005, which represents a 2.50% increase. Approximately 17 home sold in February 2006 and 29 in February 2005. The data provides evidence that there was an upward price trend in February 2006 compared to the same period last year.

The median price of homes was 5,000 in January 2006, compared to 5,000 in January 2005, which represents a 10% increase. The average price of homes in January 2006 was 4,524, compared to 2,708 in January 2005, which represents a 16.9% increase. Approximately 21 homes sold in January 2006 and 25 in January 2005. The data provides evidence that there was an upward price trend in January 2006 compared to the same period last year.

So what does the above data tell us? Overall, there was a 19% decline in the number of homes sold during this period from 2006 to 2005. The pricing trends early in the year (January, February and March) were in the upward direction for both median and average prices, which showed increases year-over-year ranging from 1.5% to 16.9%. However, since then, the pricing trend has been downward or mixed depending on the month. For example, April and July demonstrated downward median and average prices ranging from around half a percent up to 5%. For May and June, the median price was down around 2% from the previous year, and the average price was slightly up around half a percent. These findings suggest that at best, prices have leveled off, and at worst, are starting to decline. Continued monitoring of sale data in subsequent months is needed to identify enduring market trends.

Be sure to consult your Realtor on other factors that influence home pricing before buying or selling real estate in Clairemont.

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A strong online presence is now essential for real estate professionals. It does not matter if you are a realtor or an investor, a homeowner or homebuyer; the Internet is steadily growing into the world’s largest real estate resource, with thousands of pages of listings, community information, photographs and multimedia tours. The Internet must be utilized if a real estate group wants to succeed in today’s market.

Two things have happened recently. The real estate market crashed and realtors got Web savvy. These events are not mutually exclusive. An online presence is a relatively affordable way for realtors to share their products and information with countless potential clients. It also allows them to take a proactive approach to their work while the market struggles.

It is one thing to merely transfer your current listings from print outlets to online outlets. Being online allows you to easily update and share your listings, but the real estate market is already crowded, and if you do not employ savvy techniques and rich, unique content, chances are that your properties will not have much more success than they did in print. Think of it in terms of the newspaper industry. Many major papers are struggling because they are not doing more with their content. They are not doing more for their readers. They are merely shifting their information from print to the Web. Successful newspapers — and successful real estate Web sites — are using the Web as an advantage, as a platform from which numerous ideas can take shape and redefine what it means to be informed.

Young, innovative companies run the most popular Web sites and blogs. They recognize the advantages and challenges of working online. They engage their readers with community forums and visually stimulating photographs. They collect information from outside contributors. They give advice and notify the public of investment opportunities. Most of all, they provide up-to-the-minute information that is relevant and interesting, useful and entertaining.

One of the most popular is Curbed. The site focuses on all things real estate, in New York and San Francisco, and provides readers with pages and pages of insightful content. Curbed has transformed the way users view real estate. It has turned the buying and selling, the deals and steals into enjoyable, opinionated information that is quickly consumed by a hungry market.

Apartment Therapy is another popular site. It strives to provide users with tips; advice and user-generated comments that will help to maximize what can be done with the usually confined space of apartment living. This site is at it’s most popular now, as the economy and people are looking for ways to do more with less.

Trulia is an aggregate site. It works with real estate professionals to offer the most comprehensive look at the entire United States market. Trulia offers articles and blogs, Q&A forums and maps, listings and updates from experts around the country. It is a destination site, giving readers a truly rewarding experience.

These are the newer Web sites. But what about the companies that have been around for a while? What about the real estate groups that worked for years to succeed and become trusted as the most knowledgeable professionals in the field? Well, they have to work just as hard to succeed online, often times reshaping their approach and technique.

The Real Estate Book, which has one of the largest distributions of any real estate group, has for years been available to the public in countless retail stores across the country. The American public grew to trust and rely on the Real Estate Book for its listings and realtors. It became synonymous with the real estate industry and those looking for property. When the market turned its focus online, the Real Estate Book built a formidable Web presence. Now it is offering a new product, a way for realtors to harness the Real Estate Book’s massive amount of listing information.

The product is actually a widget. A widget is a tool for your Web site. The widget increases your Web site’s functionality. The widget the Real Estate Book has developed allows real estate professionals to work together. They can download the widget, customize it so if fits their site’s feel and size, and then access the Real Estate Book’s listings. This allows every realtor, no matter the size of their operation, to offer their clients an easy and informative way to browse the Web for real estate listings. It is an advantage to both the Real Estate Book and the realtors that use it. It brings together information, offers it to more people, and improves the way listings are explored online. As a successful company must, the Real Estate Book has developed a new way for people to use their resources.

See. Hear. Remember. Cut words and add impact with professional video content optimised for the latest in online technologies. Visual Domain offers unprecedented access to the world’s most powerful marketing tool- video. Take a look at some of Visual Domain’s recent work and discover how video can change the way you engage with your customer. www.visualdomain.com.au

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Cashing in on Pre-foreclosures and Short Sales shows investors exactly how to take advantage of what many are calling the best upcoming investment real estate market we have experienced in decades! Chip distinguishes the difference between good deals and bad deals, reveals just how easy it is to find, evaluate, and obtain foreclosure properties, tells how to negotiate a profitable transaction, and unveils the power of using short sales and other strategies to create a win-win situation for the investor, the seller, and the bank. Even first-time buyers looking to score a bargain on purchasing their own home will be armed with all the tools they need to confidently evaluate and pursue a profitable deal – and save thousands in the process. Cas

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inflation.us All you looking for cheap digs to rent, be patient…very cheap rental will find there way to market very soon
Video Rating: 4 / 5

In 2007 the Real Estate Bubble began to deflate with Subprime mortgages busting the loudest. The stock market collapse in half in 2008. This 60-Minutes special features experts that say 2010 is going to be worse. Millions more Americans are going to face foreclosure with their homes underwater, even prime mortgages. Home values are going to decrease another 30-50% in the most inflated markets. Get out now and go into safer assets. Be ready investors and 401k holders, your stocks are about get cut in half AGAIN when this new panic across the entire platform of the housing market in 2010/2011. Deflation, then more bailouts/stimulus, then serious inflation.