T2 July 3

More negative tea leaves of what is to come in 2010. In a sign of what is to come within the coming year, the Architecture Billings Index — which is compiled from a monthly survey of architecture firms around the U.S. – is a clarion call of leading economic indicators (a precursor of building activity over […]

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Many say that housing is the key to our financial recovery and it is certainly central to the Real Esate market. So let us read the tea leaves, both past, present and future.
According to the leading real estate website Zillow.com’s first-quarter 2009 Real Estate Market Reports, which encompass 161 metropolitan areas and cover the value […]

Yesterday was a tough day in the market (a 290 point dive). Some say there is more to come. To cool down trading, and the potential of unraveling the markets and creating a crash, circuit breaker protocols were instituted to safeguard the system.
Hopefully these measures will not be needed in the days to come …. But […]

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General Growth Properties, Inc. (GGP) has filed for Chapter 11 federal bankruptcy protection to reorganize, making it the largest real estate bankruptcy in U.S. history.
One April 6, 2009 (just 10 days ago), we highlighted the fate of GGP. We posed the question: How close does, […]

The Architecture Billings Index, which is compiled from a monthly survey of architecture firms around the U.S., was up a modest two (2) points in February 2009,  but down six (6) points from a year earlier, pointing to a continued lack in demand for design services.
The February 2009 rating was 35.3, up from the historically low […]

You may have noticed. Recently, we have been sitting on the sidelines, and resisted putting up a post, and for good reason.
First, stories regarding real estate, and the economic catastrophe we are experiencing, have been so over saturated and so over reported,  I’m just not sure what value we could have added for you. But most importantly, we have […]

So who are the geniuses that will shape our economic future, under the Obama administration?
Here is a brief dossier, presented by the Wall Street Journal, on each member of Obama’s team, their strengths and weaknesses as we now know them, and what they have revealed in their thinking about the bailout.
We know far […]

The engine of our economy is powered by jobs. That is why we sit on the edge of our seats lately as the Jobs Report is announced by the Government.
It is actually quite simple. Jobs require businesses to lease more space (or maintain their existing leases), and jobs afford employee’s to buy new homes, refinance […]