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Re: **D*A** post# 87314

Sunday, 08/14/2011 12:20:43 PM

Sunday, August 14, 2011 12:20:43 PM

Post# of 126116

I will admit that I'm a little surprised to hear you say that.


well....gloomy buTT has not left the building :)...think about how many people have lost thier homes....it's unreal.....where do those people go?.....they rent!
i have witnessed hotels being used for permanent housing.....this is a horrible thing that resulted from so many people living above thier means....now reality has kicked them to the curb....and worse the forclosure rate is still increasing!!!
so much "fake" money is floating around from qe 1 and 2....it has to go somewhere.....looks like it is moving into commercial and industrial property at bargain basement prices....i don't know why they just don't do qe3 and this time print enough to make us all rich beyond our dreams....ya, that's the ticket....we're fk'ed!!!....vote for ron paul....he will abolish the fed...end of rant
gloomy buTT

8/13/11
The national Mortgage Bankers Association reported that commercial and multifamily mortgage loan originations were up 107 percent in the second quarter compared to the same three months last year.

One thing striking about the report – from a residential standpoint – is that there was a 114 percent increase in mortgages for multifamily properties. In other words, there is clearly a demand out there for rental properties and the market is rushing to meet it.

While real estate markets are still in need of buyers, it appears the demand for rental properties is on the rise. Another striking statistic about the report from the Mortgage Bankers is that the 114 percent increase for multifamily mortgages is substantial, but comes in behind other commercial loans. Indeed, the overall 107 percent increase in the multifamily/commercial category was led by a 141 percent increase in loans for health care properties, a 125 percent increase for hotels and a 116 percent increase in the retail category.

Gains were posted in other categories, too. There was a 54 percent increase in mortgage originations for office properties and a 34 percent increase for industrial properties"


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