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Funds investing in commercial real estate have good year

Posted on 06 January 2012

Real estate had an excellent year last year. Assuming, of course, your mutual fund owned it. In an otherwise awful year, real estate funds gained an average 7.6%, vs. a 2.9% loss for the average stock mutual fund, according to Lipper.
This may seem puzzling to homeowners: The Federal Reserve estimates that homeowners have watched $7 trillion evaporate since the housing bubble burst in 2006………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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