Good News for Residential Real Estate
/
There are good signs for the residential real estate sector in the United States. Construction climbed in September which signals a potential boost to the world's largest economy.
Read More
Sales of Previously Owned Homes Drop Below Forecast
/
Sales of previously owned U.S. homes declined more in August than forecasted. Closings declined 4.8% to an annual rate of 5.31 million. Moreover, the limited availability of homes on the market is making it difficult for people to take advantage of the low interest rates.
Read MorePositive Outlook for REITs in Healthcare
/
Physicians Realty Trust and Health Care REIT were both given positive analysis by Canaccord Genuity. With an upside averaging over 20% on a total return basis, the REITs in the healthcare sector seem to be faring well despite current market turbulence. Paul Morgan, an analyst at Canaccord Genuity, maintained his $18 price target for Physicians Realty Trust. Adding in the current 5.8% dividend yield, the implied 12-month total return potential is 21%. That is now over 25% considering that Monday’s closing bell price was down 7% at $14.49.
Read MoreU.S. Home Sales Highest since 2007
/
Purchases of previously owned homes rose in July to the highest level since February 2007. The median price of an existing home climbed 5.6% to $234,000 from last year while the number of previously owned homes on the market fell 0.4% to 2.24 million. At the current sales pace, it would take 4.8 months to sell those houses compared with 4.9 months at the end of June, less than a 5 months’ supply is considered a tight market.
Read MoreAffordable Care Act to Increase Real Estate Investment Security for Healthcare Professionals
/
With the Supreme Court upholding much of the Affordable Care Act, this gives health care providers assurance to make the best investment decisions.
Read More
