September 2, 2009
Hope can fuel bulls' charge as stocks rally despite worries | www.usatoday.com
We believe that the recovery will be W-shaped and that April was only a false bottom. Our estimate is that there will be a slowing beginning in December, and that we will hit the true bottom in summer of 2010.
Policy Makers, CEOs and Investors Beware
August 26, 2009
1. Mortgage Rates to Benefit from Stabilized Home Prices, Jumbo Mortgage Rates in Particular | www.examiner.com
The emergence of home price stabilization is spotty and should not be over-simplified. It’s important to look at the underlying indicators to see where stabilization is actually taking place.
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.
April 13, 2009
Valley homeowners starting to see mortgage relief from plan | www.azcentral.com
The industry is searching for some glimmer of hope, some good news; unfortunately, this week it came from a misinformed journalist who poorly researched a story that ended up on the front page of the Phoenix Metro Area's main daily newspaper.
Desert Ridge: Down But Not Out
December 24, 2008
Development Halts Desert Home Project | www.azcentral.com
Despite Pulte Homes', Toll Brothers', and D.R. Horton's (as well as others) decisions to walk from land, homebuilding remains profitable in the Desert Ridge area.
Biggest Priorities: Slow Foreclosures, Stabilize Prices
October 31, 2008
Tested in the West | www.azcentral.com
The direction of the economy will largely be dictated by how many foreclosures occur during the next six months and how much further prices fall.
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.
The Second Half: Buyer's Market
July 2, 2008
Unfinished subdivisions grinding to a halt | www.azcentral.com
Bad news for some, though, will soon turn out to be good news for others. The second half of this year will yield ample opportunities for residential land / lot buyers.
July 1, 2008
KB Home’s Loss Widens as Inventory of Unsold Houses Mounts | online.wsj.com
Investors and market observers can count on continued homebuilder losses, as home prices a pushed downward further.
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.
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