Monday, October 01, 2012

Morning Real Estate Fix


Investing in apartments - REITs are performing well (National Real Estate Investor)  The economic downturn has been kind to investors in real estate trusts owning apartment buildings, and the prognosis is for another solid year ahead.

Old Town's GenOn power plant set to close (Washington Post)  After years of complaints about the plant being located too near the city and too inefficient and dirty, the power plant on the Alexandria waterfront closed at midnight last night.  Now the talk will turn to redevelopment of the site and the waterfront.

QE3 to raise home prices (HousingWire)  A study by Deutsche Bank says that the Fed's QE3 is likely to raise home prices next year by 2%.

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