Has Housing Construction Really Bottomed?
August 26, 2009
U.S. Economy: Housing Starts Gain to Seven-Month High (Update1) | www.bloomberg.com
The recent good news in housing starts is based on seasonally adjusted data, which can fluctuate and affect solid conclusions. Non-seasonally adjusted data across a 12-month period is a more stable reflection of construction activity.
Digesting This Week's Housing Data
June 4, 2009
Digesting This Week's Housing Data | www.realestateeconomywatch.com
The markets have received a spate of housing reports that we need to interpret in order to better understand whether the housing industry is recovering or getting worse. The article analyzes and interprets the following reports: pending home sales; mortgage applications; mortgage delinquencies/foreclosures; Case-Shiller, FHFA, and NAR home prices.
Home Price Indices Disappoint, Real Estate Economy Watch.com
May 28, 2009
Home Price Indices Disappoint | www.realestateeconomywatch.com
The recent release of the Case-Shiller home price index for March was disappointing news for the housing markets. Other home price measures for April-- the FHFA purchase-only home price index and the median price for existing homes also disappointed the markets. Home price deterioration and weak home sales are keeping the housing markets from recovery.
Are Consumers Paying Down Debt?
October 17, 2008
Consumers Pay Down Debt For First Time In 10 Years | www.marketwatch.com
Consumer borrowing has decreased for the first time in over 10 years as outstanding revolving and non-revolving credit fell in August. This may be an indication that Americans are pulling back on spending as the financial and housing markets continue to deteriorate.
Price Corrections Are Not As Bad As Reported
June 25, 2008
Home Prices Continue Sharp Descent | money.cnn.com
Home prices have indeed experienced significant corrections. However, some reports of price reductions may be exaggerated due to innacurate methodology.
CDD's aren't all their cracked up to be...
June 5, 2008
Residential real estate set to double | www.business24-7.ae
For years developers were utilizing this public finance tool as a way to drive up their bottom line while passing on the infrastructure cost to the end homeowner. This is a thing of the past.
Why is there no effort by the media to understand the DEMAND side of the housing industry?
June 2, 2008
The Truth Behind Florida's Housing Numbers | online.wsj.com
This article is just another example of somewhat reckless reporting by the “drive-by” media. Yes, there was excessive overbuilding of housing during the three years prior to 2006. Yes, there is a huge number of empty or unsold housing that must be sold over the next few years. This message is old and it has been beaten to death -- supply – supply – supply. It’s time for new media people to step up and deal with demand. It’s time for media people with housing knowledge and business savvy to study and put forward visions of the housing recovery. We need in-depth segmentation of facts. In south Florida, unsold, high rise, luxury condo’s have very little to do with current and future housing needs of the mass workforce. Why is such housing data merged with all other housing data as if they are one and alike? Why is there no expressed understanding of the limited amount of undeveloped land remaining in south Florida for the very certain growth of housing that will come?
South Florida Condominium Minefield -- Condominium Associations
May 19, 2008
Investor Report: Miami-Dade County | realtytimes.com
Buyers and Investors Beware: In addition to determining values (prices), careful analysis of the financial conditions of Condominium Associations (CA's) must be prudently examined before purchasing.
Continued Housing Difficulties
May 14, 2008
The Housing Crisis is Over | online.wsj.com
The housing bust is not over and trends continue to be negative. The only positive activity is that homebuilding stocks have gone up, without a good reason. We still have a ways to go to work through all this.
Direct Expensing of Interest by Homebuilders
May 6, 2008
Hidden Mortgage Risks Abound in U.S. Home Market | www.bloomberg.com
Not capitalizing interest in inventory causes acceleration of losses and deterioration of book value.
February 6, 2012
Las Vegas real estate: A happy new year?
January 20, 2012
Commercial property sales plunge in New York City: Why should everyone care?
January 19, 2012
Are Macy's closures a leading indicator of mall REIT values?
January 18, 2012
Ireland's commercial property outlook
January 9, 2012