With Oil pushing $113 and quickly climbing, it looks like the global recovery is about to turn south and fast.

I have been in Dubai for three years and have been working primarily with the Dubai government (RERA/DREI as an instructor and wasl properties as a consultant helping with setting up the Association Management Division).I have been watching the real estate industry here and it is rapidly moving out of the global recession.

We are in a seller's market and some motivated buyers are gumming up the works.

To invest "wisely" (whether with your own cash or with borrowed money), risk factors such as the potential for future global financial collapse will have ALREADY been considered!

Nevertheless, according to some analysts, it can allegedly have negative implications for the global property market as investors tend 'to redirect their funds into more lucrative segments (e. g., stock markets)' where there are better short term profit expectations.

The S&P 500 and the Dow 30 is a ridiculous benchmark respective of the universe of over 13,000 stocks globally.  

Global Real Estate Asset Team Opportunity Realty (GREAT Opportunity Realty) and GREAT Opportunity Management.

But if it becomes less convenient for these buyers due to global economic or geopolitical reasons, Pasadena would be affected more so than other communities, IMO. -- I'm sure you've considered adjacent communities.

The U.S and Global Economy - the good, the bad and the ugly in Pasadena.

Nice pictures.But you need 10 more degrees of global warming to make it livable!