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Markets, global growth, real estate, Fannie & Freddie
Posted under REAL ESTATE by admin
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Duration : 0:10:1
also check me out on http://www.facebook.com/schiffreport and http://www.twitter.com/schiffreport
Duration : 0:10:1
A Second wave of Adjustable loans will push real estate lower the middle of 2010 through the end of 2011.
Duration : 0:1:21
July 6 (Bloomberg) — Kenneth Rogoff, professor at Harvard University and former chief economist at the International Monetary Fund, talks with Bloomberg’s Susan Li about China’s real estate market and economy.
Rogoff, speaking in Hong Kong, also discusses the outlook for European banks, the global economy and stimulus policies. (Source: Bloomberg)
Duration : 0:7:27
Each month, This Month in Real Estate provides expert opinion and analysis on real estate trends across the nation. The aim of the consumer-oriented segments is to provide real information on real estate.
Duration : 0:3:20
*PLEASE RATE THIS VIDEO & COMMENT* This is a roller coaster simulation of the last 35 years of the Vancouver Real Estate market. The actual graph you’re riding is the inflation adjusted value of a house in Vancouver BC based on data collected by Royal LePage and calculated by the UBC Centre for Urban Economics and real estate. Some of the peaks and troughs have been rounded to keep the train from flying off the tracks, but other than that slight modification it is a precise scale model of the red line on this graph:
cuer.sauder.ubc.ca/cma/data/ResidentialRealEstate/HousingPrices/housing-pri-vancouver.pdf
Recent talk of a Canadian housing bubble calls for a look at the history of our bubbliest city: Vancouver BC. When the housing bubble of the early eighties popped in this city some house prices dropped by 50% over the next couple of years and didn’t reach their inflation adjusted real price again for 25 years. What would a real estate market bust look like these days?
This video was created using NoLimits Roller Coaster Simulation software: nolimitscoaster.com/
Duration : 0:3:12
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Aug. 10 (Bloomberg) — The collapse in commercial real estate is preventing Federal Reserve Chairman Ben S. Bernanke from declaring the economy and financial markets are healed.
Property values have fallen 35 percent since October 2007, according to Moodys Investors Service. Thats making it tough for owners to refinance almost $165 billion of mortgages for skyscrapers, shopping malls and hotels this year, pressuring companies such as Maguire Properties Inc., the largest office landlord in downtown Los Angeles, to put buildings up for sale.
Negative Fundamental
Demand for commercial space comes from employment and the income generated by that employment, said University of Pennsylvania Professor Joseph Gyourko, director of the Wharton Schools Samuel Zell and Robert Lurie real estate Center in Philadelphia. Mounting job losses are a really significant negative fundamental, signaling that conditions are going to be tough for the industry for a while, he said.
That may spill over into mounting losses at some banks. Forty-seven percent of loans at the 7,000-plus smaller U.S. lenders are in commercial real estate, compared with 17 percent for the biggest banks, according to New York-based Goldman Sachs Group Inc.
Duration : 0:5:57
Interview and discussion with Barry Sternlicht of the Starwood Capital Group. He talks about how he end up with real estate business and the challenges they overcome. (For The Record)
Duration : 0:27:2
Housing Crisis - Analysis and Discussion with Harrison LeFrak of LeFrak Organization: Commercial real estate is in a Slow-Motion Car Crash; No Green Shoots Ahead (Bloomberg News)
Duration : 0:4:59
Hello and welcome to This Month in real estate. Im Jay Papasan.
The First Time Homebuyer Tax Credit has been extended and expanded, and the details can be found in our most recent special edition.
For December, we take a look at the results the incentive had on stimulating home sales since 2008.
According to the IRS, about 1.4 million people have taken advantage of the first time homebuyer tax credit.
Not surprisingly, California ranks number one with the number of people filing a claim for the tax credit, while Alaska and Wyoming are among the states with the fewest number of claims.
But those numbers dont tell the whole story. For more, we go to Bryon Ellington. Bryon?
Bryon: Thanks, Jay.
According to the Internal Revenue Service, every state in the Union has participated in the First Time Home Buyer Tax Credit.
If we look at the results according to the total number of claims, heres how the rankings shake out:
California is number one with more than 160 thousand tax payers taking advantage of the first time home buyer tax credit.
Texas is number two with over 131 thousand.
And FLORIDA is number three with over 105 thousand.
But when we look at the data in terms of per capita claims, or the percentage of folks in each state who took advantage of the tax credit, we get radically different results.
Heres a look at the top three in terms of per capita participation in the tax credit
Nevada is in the number one position with more than 20 thousand claims out of a population of 2.6 million.
Utah is in the number two position with over 17 thousand claims out of a population of 2.7 million.
And Arizona is in the third position with over 38 thousand claims out of a population of 6.5 million.
Whats more, we find Alaska moving from near the bottom of the rankings to number 26 above California! And Wyoming, the least populated state in the U.S., moves to number 16. Thats just a bit behind Texas in terms of per capita tax payer participation.
Back to you, Jay
Jay: Thanks, Bryon. Thats it for This Month in Real Estate. Thank you for joining us.
Duration : 0:3:6
Each month, This Month in Real Estate provides expert opinion and analysis on real estate trends across the nation. The aim of the consumer-oriented segments is to provide real information on real estate.
Duration : 0:2:30