Archive for the 'Historical Perspective' Category
By: Myles, August 21st, 2009
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 […]
Tags: CRE depressed, NEMA Lighting Systems Index
Posted in Cresession, Economy, NEMA Lighting Systems Index, Residential Real Estate, Historical Perspective, Market Trending, Annual Recap, Commercial Real Estate |
By: Myles, August 19th, 2009
Here at MarylandCommercialTitle.com we have reported on much of the bad news since way back in December 2007 (when the markets started to tumble and, ultimately, crash). Now, just maybe things are starting to turn for the better.
As noted previousy, the American Institute of Architects Billing Index is typically considered a LEADING economic indicator. Translated, that means that […]
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Posted in Architect Billing Index, Economy, Historical Perspective |
By: Myles, July 28th, 2009
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 […]
Tags: cre, shiller index, some green shoots
Posted in Cresession, Economy, Developers, Historical Perspective, Market Trending, Commercial Real Estate |
By: Myles, July 27th, 2009
Governor Martin O’Malley and Lieutenant Governor Anthony Brown released data in the form of a StateStat Update on foreclosure prevention outreach efforts in Maryland:
Through the first six months of 2009, approximately 18,112 foreclosure filings occurred in
Maryland.
Compared with 17,625 filings for the same period last year, this represents a growth of about 2.8 percent.
In […]
Tags: Maryland Foreclosures
Posted in Foreclosure, Foreclosures, Historical Perspective, Market Trending |
By: Myles, July 22nd, 2009
Mortgages on commercial property held by U.S. banks have been failing at the fastest rate in nearly 20 years, the Wall Street Journal said.
Losses on loans used to finance commercial spaces would possibly reach about $30 billion by the end of 2009 at the current rate. The $30 billion estimate is based on financial reports […]
Tags: credit crunch, Market Trends
Posted in CMBX, CMBS, Historical Perspective, Market Trending, Commercial Title Companies, Commercial Real Estate |
By: Myles, July 2nd, 2009
THE “HALF-EMPTY” PERSPECTIVE: It is estimated that more than 50 percent of American homeowners are either in or near a negative equity situation. And if all that is not bad enough, check out the latest news:
U.S. mortgage applications plunged to a seven-month low last week as demand for home refinancing loans tumbled 30 percent, data […]
Tags: Negative Equity, New Refinance Opportunties, Underwater
Posted in LTV, Refinance, Residential Real Estate, Historical Perspective, Market Trending |
By: Myles, June 8th, 2009
It’s a buyers market, for sure. Nope. No good news here for sellers. Would you believe that Malls in the Northeast would sell for 50% off their highs …
As reported in today at www.ZeroHedge.com, finally we get a market test valuation of the Commercial Real Estate marketplace. The Buffalo News reports that REIT Developers […]
Tags: Commercia Real Estate Valuations, Mall REITs
Posted in valuation, Malls, CMBS, CMBX, Market Trending, Historical Perspective, Commercial Real Estate |
By: Myles, May 22nd, 2009
SeekingAlpha’s Jeffrey Bernstein makes the case that – as a friend of mines 15 year old son Max likes to say — “things are gonna get a whole lot worse before it starts to get betta.”
Some glass-half-full rosy-eyed thinkers have even argued that the economy is now fixed. You know all the green-shoots and mustard seeds […]
Tags: credit crunch, Market Trends
Posted in Historical Perspective |