In a word, the residential mortgage picture is: BAD.
As reported by MarketWatch, more than 11.3 million homeowners — nearly one-fourth of all Americans with a mortgage — owe more on their loan (or are “under water”), than their home is now worth, according to a report released February 23, 2010, by FirstAmerican CoreLogic.

More than 10% of […]

Here’s what MarylandCommercialTitle.com has been saying for more than two (2) years now. Could this truly be our reality?
Over the next several years, a watchdog group concludes that failed commercial real estate loans could litter American cities with empty stores and office complexes, cause hundreds of bank failures and weaken the economy.
Banks face up to […]

In a WSJ article, When Buildings Empty, Banks’ Credit Woes Pile Up, we find out that the regional banks recent rally, may be short-lived.
As banks start releasing fourth-quarter earnings this week, the losses and reserves tied to commercial real-estate loans could spike even higher than some analysts think. Regional banks could get hit hardest, given […]

We have been searching for even a sintilla of good news, when it comes to the real estate market.  
With regard to commercial real estate, one noted real estate attorney has coined the banks recent leding philosophy as “extend and pretend.” Clearly there exists the “fear of catching a falling knife.”
So the question is, are things really getting any better? […]

Potential Good News for our Commercial Real Estate Partners (finally): Irrespective of the government’s motivations — wrestling between helping the commercial real estate market and bailing out insured banks — there is, nonetheless, an encouraging story in the WSJ regarding the “possibility” of commercial real estate help that may be on the way.
News Flash >> According to reports, federal […]

It is September 2009 and here are the headlines: Lack of Opportunity to Purchase Quality Assets Surprises Investors ….. Commercial Real Estate Sectors Expected to Deteriorate Through 2010. Who would have guessed that a full year post the Lehman collapse, we’d be here.

Despite a still-struggling U.S. economy, ill credit markets, deteriorating property fundamentals, and precipitous […]

Here at MarylandCommercialTitle.com we have blogged on several unique methods to peek into the current and future economic forecasts. Here’s a new one for us: NEMA Lighting Systems Index.
Seems that as a result of tracking lighting purchases, economists and us onlookers, too can immediately shed light on what is truly happening in the marketplace, as well as what may be occuring […]

Just published by Michael K. Houge, CCIM, SIOR in CityBiz Real Estate Blog is a very interesting article entitled: Five Indicators of the Bottom of the Commercial Real Estate Market.
So here it is …. As a commercial real estate broker and investor, I am often asked about the arrival of the low-point of the stressed, […]

Today’s release of the S&P/Case-Shiller home price indices for May 2009 showed the first month-to-month gain in 34 months (almost 3 years!).
Clearly this is a notable development but it’s important to put today’s results in perspective before getting to confident that even the initial leg of the declining trend has ceased.

First, it’s important to recognize […]

The infamous NYC real estate developer Mort Zuckerman has a compelling article in todays Wall Street Journal, outling the 10 reasons that there is more trouble ahead:
 #1: June’s total assumed 185,000 people at work who probably were not. The government could not identify them; it made an assumption about trends. But many of the mythical jobs are […]