Investors Are Finally Dealing With The Real Seller of Troubled Assets
September 19, 2009
FDIC Packages Loans From Failed Banks | www.washingtonpost.com
The FDIC has rediscovered a program they used in the early 90s that was successful in the resolution of problem assets. My analysis takes a closer look at why the program is necessary, the details of the program, and the implications of setting the program in motion.
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.
LAS VEGAS: THE RESIDENTIAL RECOVERY APPEARS TO BE UNDERWAY!
August 18, 2009
Nevada leads in foreclosures as U.S. rate climbs 7 percent | www.lvrj.com
When people say Las Vegas had a "hot July," they may not be referring to the weather! Las Vegas' July housing data makes it easy to suggest that the residential market is on the verge of sizzling. PRICES ARE UP! INVENTORY IS DOWN! DEMAND CONTINUES TO SHOW FORMIDABLE STRENGTH! In fact, at current sales rates, there is now just 2.9 months of available inventory in the existing home market. If less than 3 months of inventory defines a hot market, Las vegas is torrid!
Las Vegas Residential: ON THE BOTTOM!
July 21, 2009
REAL ESTATE: Outlook for LV housing grim | www.lvrj.com
June housing data powerfully reinforces the idea that Las Vegas is now experiencing a residential bottom.
LAS VEGAS: RESIDENTIAL HAS FOUND THE BOTTOM
June 23, 2009
HOUSING INVENTORY INCREASE EXPECTED | www.lvrj.com
May housing data strongly suggests that Las Vegas will experience a bottom to the residential recession in the 2nd quarter of this year.
Foreign & Domestic Investors Positioning For Florida Distressed Real Estate Deluge
June 8, 2009
IS IT A GREAT TIME TO BUY PROPERTY IN FLORIDA NOW? | www.overseaspropertymall.com
South Florida's depressed real estate market is still about six months from rock bottom, but now bargain hunters are out in force. At a recent conference, real estate brokers and lawyers agreed the sharpest declines in value and the highest spikes in foreclosures will hit once most of Miami's new condo units are built in late 2008 and into 2009. Still, several brokers are noticing that distressed properties are starting to sell, and buyers - especially foreign buyers - are already eyeing the market to make sure they don't miss a feeding frenzy for cheap real estate. The trifecta of the housing glut, the subprime crisis and the weak dollar has made South Florida real estate attractive again - but for a very different reason than in 2005.
May 20, 2009
Home prices slide 14% | money.cnn.com
This article notes that some communities -- like Las Vegas -- are showing dramatic improvement. April housing data for Las Vegas continues to show stellar improvement on many levels. But, the improving data fails to answer two key questions: (1) Are we seeing a true "moderating" trend beginning to develop as the data suggests: Or (2) Is this the calm before another recessive storm?
May 18, 2009
Home prices slide 14% | money.cnn.com
The National Association of Realtors Reported: 1. The median single family home price fell 13.8% during the first quarter. That was the largest year-over-year decline in the last 30 years. 2. The median single family home price slid 6.2% from the last quarter. 3. Sales volume was weak as well. Homes sold at a 4.59 million annualized rate in the first quarter, down 3.2% from the last quarter and 6.8% from last year. While that is a gloomy assessment of the present, the report did include some positive points. While we don't expect a "turn-around" in the very near future, there were some hopeful signs.
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