BRE Properties: Rents to Decline well into 2010
August 5th, 2009 · Mortgage News
"I think it is shaping up there is another leg down in terms of market rents and effective rents and that will be somewhere late this year or early [next] year where I think all the operators will move their rents down to basically handle the late…(read more)
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Negative Equity: 16 Million Homeowners Underwater
August 5th, 2009 · Mortgage News
Two separate reports … From Bloombeg: ‘Underwater’ U.S. Mortgages May Hit 48%, Deutsche Bank Reports The percentage of properties “underwater” is forecast to rise to 48 percent, or 25 million homes, as property prices drop through the first quarter…(read more)
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Deutsche Bank: Construction Loan Defaults Coming
August 5th, 2009 · Mortgage News
Interesting piece from Deutsche Bank on rapidly deteriorating Construction loans. DB predicts that “construction loans will be the epicenter of bank loan problems” • By far the riskiest type of loan product in bank portfolios; • Substantial portion represents…(read more)
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Cost of Living in America
August 5th, 2009 · Mortgage News
investing in real estate , budgeting…(read more)
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Economists’ Commentary: Commercial Investment Trends: Industrial
August 5th, 2009 · Mortgage News
Although some businesses are considering production increase, it is likely that the industrial sector will remain relatively weak through 2009….(read more)
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Fannie, Freddie regulator to leave post: official
August 5th, 2009 · Mortgage News
WASHINGTON (Reuters) – James Lockhart, the regulator for Fannie Mae and Freddie Mac, will soon step down after more than three years as overseer for the mortgage finance companies, an administration official said….(read more)
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Palm Beach County Schools