REITBull

Real Estate in the Midst of Bull Market

I'd still be buying IYR or URE. The recent IRS ruling on REMIC makes loan mods on CMBS more feasible. Longer term, supply-demand fundamentals would favor rent increases on many of the properties held by the REITs in IYR, with the Residential REITs being the exception.

XHB looks dangerous to me. The Fed buying up bonds has propped this market up as other readers have pointed out. Not to sound like a broken record, but the supply-demand fundamental on the Res side is a mess.