I just opened my web browser (2.27.08 @ 1:30pm est) to InmanNews – the noted real estate clearing house of industry information. ALL I CAN SAY IS –WOW! I read a lot, but this one really shook me. Get a load of these unbelievably “negative” headlines, and these were just posted, TODAY ….

Existing-home sales hit lowest level on record
Bankruptcy cram downs rolled into […]

Just a day after the original CMBX article below, the Associated Press came out with a similar, yet slightly more positive spin on the commercial real estate market, outlook. Read it all. Although there are distinctions and nuances, it looks like it’s all trending in the same direction. Down ….
Here’s a very, very interesting industry observation from […]

The new buzzword in legal and banking circles these days is WORKOUT. So what exactly does that mean and how does it translate on a daily basis?
Well, given the trend toward more commercial defaults, here is a possible workout solution to consider. We at MarylandCommercialTitle are always trying to look at novel solutions to solving our […]

As reported in NewsMax, while economic uncertainty and the credit crunch have led to investor anxiety in many markets, commercial real estate remains relatively attractive, according to Deloitte LLP’s recently released report, 2008 Real Estate Capital Markets Industry Outlook.

According to Dennis Yeskey of Deloitte’s Real Estate Capital Markets practice. “In prior boom cycles, commercial […]

In an eye-opening article in the Wall Street Jornal today, the New York financial establishment is bracing for yet another hit of multibillion-dollar losses.
Apparently, the crisis that began with sub-prime mortgages is spreading like wildfire to other markets, as well:

High-risk loans used to finance corporate buyouts have plummeted in value.

Securities backed by commercial real […]

Looking to purchase a house? It may prove to be even more difficult, with this news hot off the press — if that was humanly possible. The following article is courtesy of SF Gate.

First it was the lenders. Now it’s the mortgage insurance industry:
Entire product lines are being yanked off the real estate […]

Inman News reports of a newfangled and unique way to tap home equity. Warning: This is most definitely not for everyone. Where else would such a plan be hatched? You got it — San Francisco!
No, it’s not a reverse mortgage, but it sort of (kind of) looks like it. They bill it as an equity […]

Average SOLD Price >> From MARCH 2007 To January 2008

Anne
Arundel
County
·         March 2007 was $395,037
·         September 2007 was $441,246
·         January 2008 was $413,934

Baltimore
City
·         March 2007 was $178,019
·         September 2007 was $179,680
·         January 2008 was $176,234

Baltimore
County
·         March 2007 was $297,252
·         September 2007 was $299.615
·         January 2008 was $278,848

Carroll
County
·         […]

Canceled Contracts. Ever since the market began to turn for new homes, builders have reported increases in cancelled purchase agreements, but this one from a Toll family member adds a new twist.
Get This. Just a week after luxury home builder Toll Brothers said it sees no signs of improvement in the slumping housing market, and […]

The American dream, of owing your own home and keeping it forever, has definitely changed. The sub-prime crisis has collided with changing societal mores into what looks like “the perfect storm.”
According to Inman News, and as reported on “60 Minutes” some homeowners have decided to walk away from their homes just because they have no […]