Recent Posts
Sat, Feb 09, 2008
While final numbers on the value changes in the national commercial real estate market during the fourth quarter are not yet in, MIT has released an important study on the subject. The Transaction-Based Index follows the values of the nation's major...
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Thu, Feb 07, 2008
The Federal Reserve recently completed its “2008 Senior Loan Officer Opinion Survey on Bank Lending Practices.” It is a much-awaited quarterly survey of the opinion of banking executives that specialize in lending for the real estate market.&n...
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Thu, Jan 31, 2008
In 2007 there were a total of 13,162 homes sold in Austin Texas at a 9% average increase in value from the previous year. While the number of homes sold was down 12% in 2007 compared to 2006 in Austin Texas, homes sold for an average of $14 per square foo...
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Wed, Jan 30, 2008
Signs of economic turmoil have become too obvious to ignore. 2007 saw the greatest one-year drop in the value of the national real estate market since the great depression, according to the Commerce Department's new numbers.
There is certain...
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Tue, Jan 29, 2008
Testifying before Congress about a year ago, the President of the Center for Responsible Lending predicted that 2.4 million homes will eventually face foreclosure from the subprime crisis. At the time, this estimate was considered by some economists to be...
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