Tag Archives: real estate

Manhattan Beach Pending Sales Point To Slump

by on July 5, 2010 in Blog, Economy, Manhattan Beach Comments { 3 }

The National Association of Realtors (NAR) announced a 30% drop in pending home sales in May, as home buyer tax credits expired. Given that Manhattan Beach real estate ranks on the...

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Commercial Mortgage Crisis Continues

by on June 28, 2010 in Blog, Commercial Real Estate, Economy Comments { 5 }

The commercial real estate (CRE) market peaked in 2007, and has been in a prolonged process of collapse ever since. This is true for asset valuations across CRE property types, equity...

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Home Sales And Mortgage Rates Down..Huh?

by on June 23, 2010 in Blog, Economy, Manhattan Beach, Market Stats Comments { 0 }

Conventional [government] logic is that low interest rates, capital subsidies, and encouraging words of home ownership bliss will spur housing demand. While this is certainly true...

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Commercial Real Estate IPOs Expected To Surge

by on June 21, 2010 in Blog, Commercial Real Estate, Economy, Investing, News Comments { 3 }

With nearly $1.24 trillion in commercial real estate (CRE) loans that need to be refinanced over the next four years, commercial real estate firms are gearing up to raise capital...

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Commercial Risk Premiums At 18-Year High

by on June 20, 2010 in Blog, Commercial Real Estate, Economy, Investing, Market Stats Comments { 9 }

Commercial real estate (CRE) risk premiums are now at an 18-year high, with capitalization rates nearly 7% higher than the 10-year treasury yield. Investors are telling us that CRE is...

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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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Evaluating The FHA Reform Act of 2010

by on June 13, 2010 in Blog, Economy, News Comments { 4 }

The FHA Reform Act of 2010 was just passed in the House of Representatives last week. The general intent of the Bill is to reduce the risk to taxpayers of toxic loans insured by the...

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White House Wants To End Tax Break For Wealthy Homeowners

by on June 12, 2010 in Blog, Economy, Investing, Manhattan Beach Comments { 2 }

The White House is urging Congress to limit, or cut, the once untouchable tax break for mortgage interest. In traditional class warfare parlance, the White House cap on mortgage...

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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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