GSEs to Lose Tens of Millions Tomorrow
August 25, 2010
GSEs to Lose Tens of Millions Tomorrow | realestateconsulting.com
While officials are gearing up for tomorrow's (8/17/10) meeting on GSE reform, the GSEs are losing millions of dollars every hour. Why? Because home prices are falling again. Our solution is the following:1) Create an Apartment REIT2) Loans to Landlords3) Keep Mortgage Liquidity Flowing
A NOT SO HOT SUMMER FOR LAS VEGAS
August 18, 2010
It is summertime in Las Vegas and everything is hot except the real estate market. July is traditionally a slow month for Las Vegas residential product and this year more than honored that tradition.Sales slowed. Prices remained static. Inventory enjoyed a very uneven performance.Here are the details:
July 20, 2010
The big news is that Las Vegas' new home market appears to be on the rebound.After nine consecutive months of visitor increase, two consecutive months of increased gaming win ... and despite 14.5% unemployment in June ... local housing statistics for Las Vegas contained three shocking numbers and the portent of better times to come.
July 14, 2010
The Beginning of the Recovery | www.realestateconsulting.com
In March 2008, we rolled out an educational video on housing cycles that ended with, “Remember that every down cycle is the beginning of the next up cycle.” We believe we are currently at "The Bottom" heading into "The Beginning" of the next housing cycle.
Home Price Data is Very Misleading
June 30, 2010
Home Price Data is Very Misleading | www.realestateconsulting.com
June 28, 2010There are great home price tools today to help you with the decision you are making. However, Case Shiller (CS) and median prices are not the right ones.Executive decision makers want to know whether prices are trending up or down, and that question has never been harder to answer. When forced to answer the question, we say that most home prices are reverting to 2003 prices – some areas have overcorrected and some have not fully corrected.
LAS VEGAS: Entering a New Real Estate Phase
June 22, 2010
Two key factors should have severely damaged May Las Vegas housing stats. --- Nevada had the highest unemployment in the nation. --- Special Federal funding was withdrawn at the end of April.Surprisingly, the negative impact was much gentler than expected. Concentrating on just those two stats overlooks another -- perhaps more important -- indicator: Las Vegas appears to have entered the second phase of its foreclosure crisis … and thus far it appears less damaging than it might have been.
LAS VEGAS: On the Road to Recovery
May 20, 2010
It's Reset Time For Valley Real Estate | www.lvrj.com
Las Vegas April housing data is a mixed bag containing some good news, some great news and a little news that less than attractive. However, even as Las Vegas continues the positive trend found in the first quarter, the market cannot yet be called “in recovery.” But, that’s the direction the data suggests the market is moving. In April, sales were strong, inventory fell slightly and prices remained relatively stable. Here are the details:
The Future of the Housing Market Post Government Support
April 26, 2010
This article questions whether the economy is running on government life support and makes the case that in the months to come we will have a clearer answer to that question when we see how the housing market responds to the pullback of government and Fed programs. My view is that the market has stabilized enough for these programs to be phased out and I will use points of the article to discuss what the next 1 to 2 years hold for institutional investors, banks, and homebuyers.
LAS VEGAS: ON THE CUSP OF RECOVERY
April 19, 2010
Perhaps the best word to describe March real estate data from Las Vegas is “Anticipation.” Both the new and existing home sectors appear to be anticipating better times with much improved numbers.
Las Vegas February Residential Data Solves One Mystery ... But Creates Another
March 22, 2010
February residential data for Las Vegas almost reads like a Sherlock Holmes adventure.
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