While reading Scott S. Powell and David Lowry article from the Atlanta Journal is talking about how the Federal Reserve now has change its options since dealing with the government debt to deal with the credit crisis over the past year. Our real estate crisis is something that is important to every American. Now Washington has a second wave of the credit crisis caused by the unfolding collapse in commercial real estate and the potential explosion of bank failures across the U.S. It seems that a bailout of bank deposit insurance seems to be inevitable. Yet, can Congress, the Federal Deposit Insurance Corp., and the Office of Comptroller of Currency come up with a solution for this rapidly unfolding problem? In the last two years commercial real estate valued at $3.5 trillion has already experienced a 39% decline in prices from the peak two years ago (MIT Center for Real Estate). Now with these huge drops in real estate 27 % of the decline is from commercial real estate. Right now it is a buyer’s market. Prices across the nation are priced to sell.
We can help you make a wise decision on your real estate investment. We also have several deals available that present a positive cash flow, major growth potential and minimal risks. You can buy them from us or partner with us. We are Theory Corporation, a real estate investment firm primarily focused on multifamily units across the United States. Contact us at 760-476-1535 or 800-213-5442 ext. deal (3325).
Tags: bank loan, banks closing, growth potential, high foreclosure rates, loan modification, market indicators, market turning around, purchase a home, real estate investment, Residential real estate market
