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Archive for the 'Historical Perspective' Category

Shedding Light on the Economy

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 […]

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A “Greenshoot” Leading Economic Indicator

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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Finally: Some CRE Green Shoots

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 […]

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MD Foreclusure Update July 2009

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 […]

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CRE Loan Defaults in 2009

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 […]

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No Good News When Reading Moody’s REAL Index

By: Myles, July 21st, 2009

Moody’s REAL CPPI July 2009 Report

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More Credit Crisis Truth Telling: A Great Read

By: Myles, July 12th, 2009

So Much Thats False & Nutty_07!08!09

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Half-Empty or Half-Full: 50% Homeowners Underwater, 50% Not

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 […]

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A CRE Test Valuation: Plummeting Mall REIT Values in 2009

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 […]

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Credit Crunch:Half-Empty??

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 […]

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