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Commercial Real Estate Key to Success

I am currently reading the Emerging Trends Real Estate 2010 report and happened upon this quote to start the Second Chapter of the document:

“The key to success in real estate investing is to follow the capital flows, not the fundamentals. Anticipate what capital wants and be there.”

This is a must-read report for anyone in the commercial real estate world or just anyone looking for knowledge on where the industry has been and where it is going. You can download the report on the homepage at the www.CommercialREOs.com website.

According to the report:

Slowly, capital will flow back into commercial real estate markets during 2010, led by all-cash investors “looking for pop” in quality assets owned by distressed borrowers or sold by lenders out of growing REO portfolios.

... a very interesting read indeed

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Current REO Listings total 58 assets, up from 47 assets, week over week (19% increase). Current Listed Prices range from $58,000 to $501,900 for all property types. Under Contract/Pending Listings total 102 with last-list prices ranging from $52,000 to $538,000. Generally, the property prices appear to be stabilized at both the low and higher-end. The increase in the number of assets avaialble, if it becomes a sustained trend, could weaken the stabilization and lead to lower prices.
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