Posted in Mindset, Real Estate News on Aug 29th, 2008 1 Comment »
Just a few years ago, single-family home permits were on the rise, breaking records each quarter. It seemed as if the growth would last forever. It was definitely reminiscent of the tech bubble days 1999-2001.
Now, based on Census Bureau data thru July 2008, the correction (well overdue) is finally here. This is [...]
Posted in Mindset on Aug 23rd, 2008 No Comments »
Warren Buffett is the investor’s investor. He’s arguably the most successful investor in history, the Tiger Woods or Michael Jordon of the investment world if you will. His company, Berkshire Hathaway has achieved a stunning 21.1% annual compounded rate of return over the last 43 years.
$100 invested in Berkshire in 1965 would be [...]
Posted in Real Estate, Real Estate News on Aug 15th, 2008 1 Comment »
As an investor, you need to be able to see the “forest for the trees” and you need to be aware what’s going on at a macro-level. Following are some interesting data points to help put into perspective where we are in the U.S. economic and apartment market cycles.
Larry Souza, a Managing [...]