Duration : 0:4:44

[youtube F_R41jpfiWc]

Duration : 0:2:35

[youtube LrH_hToGwN4]

http://www.adn.com/news/alaska/story/933166.html

Washington protest over health proposals

http://www.rte.ie/news/2009/0913/obamab.html

3 more down: Bank failure tally hits 92

http://money.cnn.com/2009/09/11/news/economy/bank_failure/?postversion=2009091207

http://www.fdic.gov/bank/individual/failed/banklist.html

After Corus, who’s next to fail thanks to commercial real estate woes?

http://www.dailyfinance.com/2009/09/12/after-corus-whos-next-to-fail-thanks-to-commercial-real-estate/

Venezuela to Develop Nuclear Energy With Russian Help

http://www.bloomberg.com/apps/news?pid=20601086&sid=aElQ3UEU9eYM

Obama challenges Wall Street to change
http://www.msnbc.msn.com/id/32835326/ns/business-economy_in_turmoil/

Duration : 0:6:47

[youtube DXZjlP_1I14]

Add me as a friend on Facebook!

http://www.facebook.com/harryc

Get DAILY GrowBy10 Updates on Twitter!

http://twitter.com/GrowBy10

Aug. 10 (Bloomberg) — The collapse in commercial real estate is preventing Federal Reserve Chairman Ben S. Bernanke from declaring the economy and financial markets are healed.

Property values have fallen 35 percent since October 2007, according to Moodys Investors Service. Thats making it tough for owners to refinance almost $165 billion of mortgages for skyscrapers, shopping malls and hotels this year, pressuring companies such as Maguire Properties Inc., the largest office landlord in downtown Los Angeles, to put buildings up for sale.

Negative Fundamental

Demand for commercial space comes from employment and the income generated by that employment, said University of Pennsylvania Professor Joseph Gyourko, director of the Wharton Schools Samuel Zell and Robert Lurie Real Estate Center in Philadelphia. Mounting job losses are a really significant negative fundamental, signaling that conditions are going to be tough for the industry for a while, he said.

That may spill over into mounting losses at some banks. Forty-seven percent of loans at the 7,000-plus smaller U.S. lenders are in commercial real estate, compared with 17 percent for the biggest banks, according to New York-based Goldman Sachs Group Inc.

Duration : 0:5:57

[youtube sT2T2T83_y0]

Duration : 0:0:39

[youtube 0u3JF48w2xo]

Real Estate is the biggest asset class and of great importance for both individuals and institutional investors. An array of economic and psychological factors impact real estate investment decisions and the public has changing ideas of real estate as a profitable investment. People’s demand to buy a home by taking on long-term debt, called a mortgage, is often tied with the overall health of the economy and financial markets. In recessions, home buying tends to fall and the opposite holds in a strong economy. Commercial real estate, held indirectly by the public through partnerships and real estate investment trusts (REITs), is vulnerable to similar speculative activity. The most recent real estate boom illustrates the speculative nature of real estate, and its relation to financial and economic crises.

Complete course materials are available at the Open Yale Courses website: http://open.yale.edu/courses

This course was recorded in Spring 2008.

Duration : 1:7:29

[youtube gi2uH3YxohU]

Duration : 0:4:27

[youtube KNRAHw-5qZU]

Duration : 0:0:33

[youtube GEJ_mdKcqoo]

Duration : 0:4:36

[youtube OcVvogs9otU]

The theme of these ads is unique, compelling and distinctively ours: “Now, more than ever, your CENTURY 21® agent is your path home.”

“Now, more than ever…” acknowledges the fear and uncertainty in the market in a positive way. We recognize the risk, but use it to emphasize our strength.

Duration : 0:0:32

[youtube 8Xzra0Sidp4]