Sacramento Office Vacancy Rate Surges Over 20%
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National Association of Homebuilders Confidence Index Registers At 9
Reading Time: 3 minutesToday’s report shows that we are in a crisis situation. – NAHB Chairman Sandy Dunn When I heard Diana Olick report this number on CNBC a few minutes ago I had to chuckle. You have to realize that a number…
The Great Disconnect and The Fed Put
Reading Time: 6 minutesEveryone can see and feel that this is different and can sense the bizarre nature of the market response: we are in the top 10% of historical price earnings ratios for the S&P on prior earnings and simultaneously are …
NYT: Spurt Of Home Buying As End Of Tax Credit Looms
Reading Time: 2 minutesReal estate agents say buyers and sellers are hurrying to take advantage of the tax credit, which is worth up to $8,000 for home buyers. But the last-minute rush is also prompting some foreboding about what will happen to the…
Are You Missing The Housing Bust, Mr. Lereah???? – National Association of Realtors Chief Marketer (errr…. Economist!) Quits
Reading Time: 3 minutesI believe that in years to come historians will see the beginning of the twenty first century as the ‘golden age’ of real estate. And I want to persuade you to take advantage of this historic opportunity. David Lereah, Are…
NY Times: FHA Headed For Same Fate As Fannie, Freddie
Reading Time: 3 minutesLet me simply state at the outset that based on current projections, absent any catastrophic home price decline, F.H.A. will not need to ask Congress and the American taxpayer for extraordinary assistance – we will not need a bailout. –…
Homebuilders Buying Up Lots, Especially in Placer County
Reading Time: 2 minutesThere is a consensus out there that we are at the bottom or pretty darn close. – James Radler, a Roseville based land broker wtih Park Place Land Advisors of Irvine, CA They’re trying to position themselves without anybody knowing….