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Archive for December, 2008

2008: An Incredible Year in Review

By: Myles, December 31st, 2008

2008: A Year in Review. From tepid bad news in January ‘08 to full fledged financial Armageddon just twelve short months later. A financial year like never before.
Scan the months and the stories. Review the list of the hundreds of Blog entries. First, from a macro-level to get the full sense of how this […]

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Retail Real Estate: The Next Shoe

By: Myles, December 30th, 2008

If you were wondering what impact the awful economy has had in 2008, and will have in 2009, on retail commercial space, read Bloombergs reporting. Here are a few shocking details ….

U.S. retailers face a wave of store closings, bankruptcies and takeovers starting next month (January 2009), as holiday sales are shaping up to be the […]

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Happy New Year — 2009!

By: Myles, December 29th, 2008

Wishing all MylesTitle clients and MarylandCommercialTitle.com Blog readers a very, very Happy New Year! May 2009 be healthy and rewarding for all …. Myles Lichtenberg, Esq.
 

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Again, falling home prices consistent with year old recession

By: Myles, December 29th, 2008

A report on Home Prices expected out Tuesday, December 30, 2008, is likely to prompt the push for additional relief for the housing sector.
The S&P/Case-Shiller index of home prices is expected to reflect the continuing toll exacted by the deflating housing bubble. Along these lines, here is a rather remarkable list of factors — all errupting within the last […]

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Mortage Update: 83% of all activity are Refi’s

By: Myles, December 29th, 2008

Near record low mortgage rates spurred a 62 percent spike in refinance activity, while purchase applications increased 10 percent. Refinance activity continues to surge as mortgage rates neared record lows. Here is all the lastest detail …….

Refiances Dominate: According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey, the refinance share of mortgage activity […]

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Happy Holiday to All !!

By: Myles, December 25th, 2008

Happy Holidays to all ….
MarylandCommercialTitle
Bloggers!!

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A Visual Guide to the Financial Crisis: Part II

By: Myles, December 19th, 2008


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Leading Economic Indicator: Lowest Levels, Ever

By: Myles, December 17th, 2008

More bad news. The Architecture Billings Index, which is compiled from a monthly survey of architecture firms around the U.S., is at its lowest level since the American Institute of Architects survey began in 1995.
A Leading Economic Indicator: Since the index reflects an approximate nine- to twelve-month lag time between architecture billings and construction spending, […]

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Beware Sellers/Developers: Maryland’s Expansion of Liability

By: Myles, December 15th, 2008

Yet another great special article published in the Maryland Daily Record, by Venable’s Kevin L. Shepherd, Esq.: On Real Property - Fraudulent concealment: Scary thoughts for sellers. Read the full article for all the gory details.  
Shepherd writes about a recent decision by the Court of Special Appeals in Rhee v. Highland Development Corp. et […]

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Title Insurers: Down to just three?

By: Myles, December 15th, 2008

We know about autos (and their troubled big three), but in real estate, we have our own big four (for now) title insurance underwriting companies — soon to be the big three. Read the breaking story at Inman News.
In fact, in 2007, the top four title insurers controlled 87 percent of the $14 billion U.S. […]

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