As Stock Market Drops, Real Estate Funds Rise
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Stock funds have had a rough start for the first half of the year being down 8 percent. However real estate funds have rebounded after a horrible year last year rising 2 percent. This is a 10 percent difference between the typical stock fund.
Smart money saw that real estate funds that own commercial properties took their hit last year and now are poised to rise in the coming years.
The average real estate fund is up 2 percent in this year, compared with the 8 percent decline of the average U.S. diversified stock fund, according to Lipper Inc.
Real estate funds are down 14 percent for the 12-month period that includes last year’s worries over credit issues, as well as concern that real estate stocks and properties had become overvalued. via the chicagotribune.com.

