Calif. revokes real estate licenses at record pace (AP)

 

AP - The California Department of Real Estate said Wednesday it revoked a record number of real estate licenses in its most recently completed fiscal year.

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  • Wall Street Cheat Sheet submits: I’ve spent a lot of time thinking about residential real estate and the general incoherence with which people go about buying and selling it. There are a number of things about residential real estate that make it different from other asset classes like equity or bonds or commodities. Each of these qualities has particular implications for the direction of the housing market.

  • Research Recap submits: There were continuing signs of recovery in the commercial real estate market in December, according to Moody’s.

  • Real estate expert Peter Slatin says commercial real estate will continue its free fall. But there m

  • Stockerblog submits: I personally believe that the real estate market has bottomed out, but it may a couple years before prices start to move up. It doesn't necessarily mean that you should go out an buy a rental house, but there are other ways you can invest in real estate.

  • The national numbers from the Ottawa-based Canadian Real Estate Association are not due out until mid-December but the Toronto Real Estate Board said yesterday it had its best November on record.

  • Home prices are still falling and there are growing concerns about the potential for a commercial real estate bust. So real estate stocks are naturally soaring.

  • The Real Estate Investment Network says Calgary experienced one of its best economic and real estate periods in Canadian history a couple of years ago, but then entered a strong, and needed correction

  • NEW YORK (AP) -- It was the most expensive real estate deal in U.S. history. Now it's poised to become one of the biggest flops....

  • Kevin Grewal submits: Despite an elevated unemployment rate, weak consumer sentiment and a hoard of homeowners strategically defaulting on mortgages, an opportunity may exist in real estate.

  • Dividend Inc. submits: The great real estate analyst Roy Wenzlick may have called the bottom in real estate again...for the 10th time in a row for the last 78 years. Although he passed away in 1989, Roy Wenzlick gave significant credibility to the idea that real estate has an 18.3 year cycle. Wenzlick compiled data on real estate in St. Louis as well as the rest of the nation from 1932 until 1973 in his publication The Real Estate Analyst.

 
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