Archive for December, 2008
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 […]
Tags: 2008 In Review
Posted in Historical Perspective |
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 […]
Tags: Retail Real Estate
Posted in Cresession, Developers, Annual Recap, Market Trending, Commercial Real Estate |
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.
Tags: Happy New Year 2009
Posted in Misc |
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 […]
Tags: Home Sales
Posted in Cresession, Economy, Economic Stimulus, Residential Real Estate, Bankers, Real Estate Brokers, Market Trending |
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 […]
Tags: Mortage Data, Refinances
Posted in Economy, Refinance, Real Estate Brokers, Bankers, Mortgages, Market Trending |
By: Myles, December 25th, 2008
Happy Holidays to all ….
MarylandCommercialTitle
Bloggers!!
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Posted in Misc |
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, […]
Tags: Architecture Billing Index, Leading Economic Indicator
Posted in Home Builders, CMBX, Cresession, Economy, Architect Billing Index, Developers, Real Estate Brokers, Market Trending, Commercial Title Companies, Historical Perspective, Bankers, Attorneys, Commercial Real Estate |
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 […]
Tags: Seller/Developer Liability
Posted in Developers, Attorneys |
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. […]
Tags: Title Insurers
Posted in Title Policies, Market Trending, Commercial Title Companies |