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False Recovery in Commercial Real Estate?
Via Pension Pulse. Daniel Thomas of the FT reports, CBRE upbeat on global recovery : CB Richard Ellis, the worlds largest real estate consultancy, has reported the strongest growth in revenue and earnings since 2007 as it has benefited from the global recovery in commercial property activity. CBRE, whose main business is advising on the acquisition and leasing of commercial property around ...
Read more...Kindergarten Double Dip Economics
Double Dip used to pertain to ice cream cones, but now to dreaded return to economic recession. Green Shoots used to refer to gardening projects, then to deceptive economic viewpoints. My favorite is the second half recovery mantra, indicative of totally clueless.
Read more...1.65 Million U.S. Properties Receive Foreclosure Filings in First Half of 2010 According to RealtyTrac
IRVINE, CA--(Marketwire - 07/15/10) - RealtyTrac ( www.realtytrac.com ), the leading online marketplace for foreclosure properties, today released its Midyear 2010 U.S. Foreclosure Market Report, which shows a total of 1,961,894 foreclosure filings -- default notices, auction sale notices and bank repossessions -- were reported on 1,654,634 U.S. properties in the first ...
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