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Archive for the 'Real Estate Brokers' Category

A Financial dissater or a catharsis?

By: Myles, September 17th, 2008

Gerald Baker of the TimesOnline puts a very interesting spin on the recent financial events, which have dominoed. In Bakers article, Crisis may prove cathartic in the long run, but the worst is not over, he states that: 
Yesterday a couple of the world’s most famous financial institutions sank without a  trace, one of the world’s […]

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The end of Fannie and Freddie …

By: Myles, September 8th, 2008

Here is a great piece, from the Christian Science Monitor and staff writer Mark Trumbull, which puts the take over of Fannie Mae and Freddie Mac into perspective.

As Secretary of Treasury Paulson correctly concludes, the housing correction poses the biggest risk to our economy. Clearly the government has had enough and opted to take […]

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Is this the Real Estate solution?

By: Myles, September 5th, 2008

SeekingAlpha just posted a very intriguing opinion piece by John Preston entitled, The Reality of Real Estate and the Economy.

Is this the problem? the solution?

According to many, the thesis (and problem) is simple: Housing health and the economy are linked arm-in-arm.  

Preston traces  this theory back to Robert Shiller, of Case-Shiller Home Price Index fame, who reflects back on a 2004 […]

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Bank Lending Practices Q4 2008 and into 2009

By: Myles, August 12th, 2008

Much of the news over the summer of 2008 has been negative, somewhat depressing, and duplicative. Unfortunately, our post today is much of the same, but there comes a time when there is just no way to avoid the news. The truth is that we need to know how to set our course in the days to come.
As reported […]

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Finally: Some Good RE News!

By: Myles, July 31st, 2008

Is there finally some positive real estate news to report on? Looks like it. As we drill down on the raw data, and move away from a macro view, there just maybe activity that is starting to turn positive.

As reported in The Mortgage Reports, for the third straight month, at least 15 of the nation’s 20 largest […]

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Even harder to get a mortgage in MD?

By: Myles, June 10th, 2008

Effective June 1, 2008 Maryland Senate Bill 363 went into effect, basically eliminating all lenders from closing any Alt Doc loans (NINA, NO RATIO, STATED Loans) where income has not been documented to show the borrowers can afford the monthly payments.
Maryland is the fourth State (West Virginia, Minnesota, and Ohio) to pass this type of […]

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A Title Horror Show of Epic Hollywood Proportions

By: Myles, May 29th, 2008

So you think title is typically not an integral part of your deal. Think again!
Here is a title story, of epic proportions, told to us InmanNews. Remember this scenario the next time someone poo-poos the importance of securing title, prior to a development deal.
Some Hollywood moguls who were ready to build a $282 million movie production […]

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$600 Billion of CRE value wiped off the books?

By: Myles, May 27th, 2008

Just to put a point to the notion that the Commercial Real Estate (CRE) market could actually become a lot worse, Seeking Alpha just posted a most interesting thumbnail analysis as to how we could see a huge downturn, with respect to the overall value in the CRE arena in the very near future.
The sale […]

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Understanding Sub-Prime: Location, Location, Location

By: Myles, May 22nd, 2008

Amongst all the clutter (and there is surely tons of clutter in the news these days), here is some truly worthwhile reading regarding: “Why a Housing Bailout Won’t Help,” from the Wall Street Journal’s Holman Jenkins, Jr.
Most of us have read the anti-bailout arguments. What makes this piece so very interesting is Holman’s analysis of […]

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The Home Finance data is a fall’in …

By: Myles, May 22nd, 2008

Applications for U.S. home mortgages, as reported by CNBC, fell to its second-lowest level of the year last week as interest rates rose, as the Mortgage Bankers Association (MBA) said in its seasonally adjusted index of mortgage application activity.
Name the category …. none of it is positive:

The number of applications for mortgages fell 7.8 percent […]

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