The real estate and housing market has been one of the leading catalysts of the U.S. recession creating a unique set of buying opportunities supported by the economic principles of supply and demand.
While challenging economic and market conditions persist across the globe, institutional-grade commercial real estate appears to remain relatively stable especially when compared to the volatility of the stock market.
Hard on the heels of the United States’ economic recession and the simultaneous strengthening of emerging Asian and Latin American markets, the Commercial Real Estate (CRE) industry is seeing an increased focus on diversification into global CRE. While Asia and the Pacific Rim have emerged as a strong driver of global CRE growth, the U.S. continues to attract investments based on size and favorable risk-reward. In general, the U.S. CRE market appears to be on a gradual but uneven path to recovery, with increased capital availability, transactions, and improved fundamentals
However, the U.S. residential mortgage industry is experiencing one of the most difficult transformations in decades. The record volume of delinquencies and foreclosures combined with intense regulatory scrutiny is having a dilatory effect on the entire residential market.
To complicate matters, the global economy remains in a slow-growth environment with no signs that the housing market will experience a recovery anytime soon. The scale and complexity of the challenges facing mortgage lenders, servicers and investors is simply unprecedented. Never has the need for expert guidance related to tax planning and compliance been greater.