There are so many real estate articles out there — and so little time! For busy investors looking to take a quick reading break, look no further than our list of recommended reading for the week. From advice and investment tips to market reviews, we’re highlighting the stuff that’s really worth your time.
So sit back, and take a break. These were the 5 Must-Read Real Estate Articles of The Past Week:
From the August issue: What do George Washington, rapper Lil Wayne and actor Jeff Goldblum have in common? They all appeared earlier this year in a Super Bowl television commercial sponsored by the CoStar Group. The Washington, D.C.-based real estate data provider in February ran the ad for its residential listings site, Apartments.com, reportedly paying as much as $5 million to produce it and $20 million for the airtime. In the one-minute spot, Goldblum, seated at a grand piano and singing “Movin’ on up,” is hoisted up the side of a skyscraper, to a palatial rooftop terrace, where he joins Lil Wayne and an actor playing the nation’s first president for a cookout.
Real Estate Investment Trusts (REIT) have been paying out as much as 100 times more than money market funds and savings accounts for the last 8 years. However, it’s time to consider selling the ones that are most vulnerable to rising interest rates. Sam Miklosko recently sold his position in American Capital Agency AGNC +0.53% Corp (NASDAQ:AGNC) and would not buy Realty Income O -1.41% Corp (NYSE:O) at its current price.
Thursday’s Bank of England (BOE) announcement has left analysts contemplating what it could mean for the U.K. property market, which has seen strong price gains in recent years. Homeowners are also closely watching what the rate cut could mean for home loans, with tracker mortgages – where the interest rate varies according to the BOE’s base rate – being extremely popular in the country. The extent to which the 0.25 percent cut will prompt a surge in new interest for mortgages is debatable – and arguably, limited – yet according to Charlie Campbell, sector analyst at Liberum, that’s not what excited investors.
By Gemma Acton via Bloomberg
Money manager Bill Gross says investors should favor gold and real estate while avoiding most stocks and bonds trading at inflated prices. “I don’t like bonds; I don’t like most stocks; I don’t like private equity,” Gross, who runs the $1.5 billion Janus Global Unconstrained Bond Fund, wrote in his monthly investment outlook Wednesday. “Real assets such as land, gold and tangible plant and equipment at a discount are favored asset categories.”
By Alexandra Berzon, Alan Cullison & Michael Rothfeldvia The Wall Street Journal
Republican presidential nominee Donald Trump repeatedly sought to gain a place for his Trump-branded towers in Russia and other former Soviet states, even in the 1980s, when the communist empire was first opening itself up to Western business investment.
Did you like these articles? What were your favorite articles this week?