Foreign buyers return to Big Apple real estate

Let’s not argue over whether Canada is the proud owner of a pretty pink housing balloon or a black bubble because either way, they both can pop.

Apple didn't break any big news at its shareholder meeting yesterday, but a couple of statements by the company's CEO, Tim Cook, stood out. The first was Cook's comment that Apple's board and management "don't like" the fact that Apple's stock has crashed.

Kevin Grewal submits: Despite woes in residential real estate, the commercial real estate sector appears to be showing signs of stabilization shinning a light on the iShares Dow Jones US Real Estate (IYR), the Vanguard REIT ETF (VNQ) and the iShares Cohen & Steers Real

Albeit weak and still mainly confined to the coasts, the commercial real estate industry is rising to the dawn of a national rebound, say market insiders in New York, Boston, Los Angeles and Seattle.

After two years leading the Commerce Department’s U.S. and Foreign Commercial Service (USFCS), Assistant Secretary for Trade Promotion Suresh Kumar announced his decision today to return to the private sector.The USFCS, which is part of Commerce’s International Trade Administration, is a global network of trade specialists with offices across America and in more than 70 countries around the world. The organization’s job is to help connect U.S. companies looking to sell their products overseas with foreign buyers.