While the housing market plunge has evaporated the wealth and investment on million of American households, at the same time depressed prices have made the some of the buying opportunities in perhaps decades. The 10 cities below are among the most affordable in the country…. Read more
Posts Tagged ‘property value’
The Most Over-Valued and Under-Valued Housing Markets in the U.S.
America's most overvalued – and undervalued cities- CNN Local Market Monitor released their annual analysis of housing markets across the country and tagged eight localities as overpriced (versus 37 in mid-2006) and 15 underpriced (six in 2006). This goes to again prove the… Read more
Economists Forecasting No Home Price Growth in 2011
Economists: Expect No Home-Price Growth in 2011-WSJ blog As the housing hangover perpetuates, we still need to ask that age-old question, “Are we there yet?” Economists now believe that while we might be there now (at the bottom), we aren’t going anyplace soon,… Read more
The American Dream and Home Ownership
Why the American Dream for Many May No Longer Be Owning a Home — Excellent Article on Home ownership And The Impact When Incentives For People to Own Blinds Them From the Associated Risks Rethinking Part of the American Dream- WSJ Hyperlink the above with… Read more
Commercial Property Value Changes
Following is an update on commercial real estate values across the country. (For the full details of this refer to my post February 12, 2010). MIT tracks prices from properties sold from the NCREIF database. (National Council of Real Estate Investment Fiduciaries) NCREIF basically consists of… Read more
Real Estate Market Cycles
Here is a quarterly Commercial Market Cycle analysis, Market Cycles Q1 2010, prepared by Dr. Glenn Mueller. This covers more than 50 major cities and includes offices, industrial properties, retail and hotels. Please feel free to distribute this but do give Glenna and Dividend Capital credit…. Read more
Economists Forecasting Home Prices to Rise 12% in the Next 5yrs
Economists Forecasting Home Prices to Rise 12 Percent in the Next Five Years (But In My Opinion, That Would Not Even Cover Inflation) Wall Street Journal Article Economists in this survey are forecasting a 12 percent price recovery in the next five years. If that is… Read more
A Lesson in Commercial Real Estate Values
Just-released Spring edition of NAR’s Commercial Magazine Commercial Connections. See page 12 of NAR’s Commercial Magazine for my article on commercial real estate values and cap rates. Bad news is that commercial real estate values have plummeted. Great news is that transaction volume will increase… Read more
Americans Spend More Time Shopping for Cars Than Mortgages — Zillow.com
We spend 10 hours looking for a new car (which depreciates), four hours searching and shopping for a new computer and just five hours for a new mortgage according to a Zillow Survey. http://zillow.mediaroom.com/index.php?s=159&item=201
Pretend and Extend Helping the Banking World in Dealing With Commercial Loans
http://www.costar.com/news/Article.aspx?id=CB58F9797974B3A09990193DBF51EC19 In the article accessible via the link above, the CoStar Group reports that Q1 2010 Bank results are better than somewhat expected in regards to continued deterioration of commercial real estate. The question becomes, however, if we are using the logic “a rolling loan… Read more

