Friday, January 8, 2010

On Housing - Forbes.com The Big TREND

 The Big Trend

Real estate will be an attractive bet for both sophisticated and novice investors in 2010. Wealthy individuals already are defiantly giving over more of their portfolios to real estate, according to a Barclays Wealth survey.

Vulture investors, meanwhile, see opportunity in the housing market's wreckage. Distressed mortgage real estate investment trusts raised over $2 billion in public offerings in 2009. Rising unemployment and an unstable market make mortgage securities dicey buys. Investors tempted to bottom fish for speculative reasons risk being unable to flip their properties and getting stuck with them.

Click here to read the entire story:  Francesca Levy On Housing - Forbes.com

Forbes Real Estate Today