Tag Archives: federal reserve

Manhattan Beach Sales Volume

by on June 18, 2010 in Blog, Economy, Manhattan Beach, Market Stats Comments { 1 }

If you have not yet heard the news, the US is in a housing recession. The story is no different for South Bay real estate. We may be cushioned from most of the world in our luxurious...

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Homeowner Equity: The Road To Serfdom

by on June 14, 2010 in Blog, Economy, Market Stats Comments { 3 }

The capital structure of US real estate assets has been in a long process of change. In 1945 homeowners owned 84% of their homes, with average mortgage to value ratios being 16%. Fast...

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Fannie Mae Economist: Housing Recovery In 2013

by on June 12, 2010 in Blog, Economy, Manhattan Beach Comments { 0 }

Fannie Mae’s Chief Economist, Doug Duncan, predicts national housing markets will not recover until 2013. He predicts prices will decline another 1% to 3% before bottoming in the...

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