Logan Mohtashami, Benzinga Contributor Podcast of Interview with Bloomberg Financial http://media.bloomberg.com/bb/avfile/Economics/On_Economy/v9PUOKbnFMeE.mp3 2014 Housing Predictions http://loganmohtashami.com/2013/12/30/2014-housing-predictions/ Logan Mohtashami is a senior loan officer at AMC Lending Group, which has been providing mortgage services for California residents since 1988. Logan is also a … Continue reading →
General Growth FFO Climbs Amid an Increase in Consumer SpendingBloombergGeneral Growth Properties Inc. (GGP), the second-biggest US shopping-mall owner, said funds from operations excluding some items rose in the first quarter as tenant sales climbed a…
Multifamily housing performance a mixed bag
The performance of the multifamily housing segment is a mixed bag with occupancy rates and rents going up even as delinquencies in certain Fitch-rated CMBS loans rise, the ratings giant said Friday.
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Call it the Big Selloff—America is headed toward a future in which fewer people own the spaces they call home. The effective homeownership rate, which excludes borrowers whose homes are underwater, stands at 62 percent, down from 69 percent in 2006…
Workers’ share of national income stands at 57 percent, an all-time lowDespite striking productivity growth, workers’ pay has gone nowhereThird-quarter profits were 19.4 percent above their pre-recession peak
Any economist will tell you that pr…
MANY of the world’s financial and economic woes since 2008 began with the bursting of the biggest bubble in history. Never before had house prices risen so fast, for so long, in so many countries. Yet the bust has been much less widespread than th…
The following is from economist Tom Lawler. He points out that the homeownership rate in April 2010 was significantly lower than previously thought. Tom also notes that the age adjusted homeownership rate was lower in April 2010 than in April 1990! …
The average size of the American home is shrinking — it dropped in both 2008 and 2009 after 15 straight years of growth — but most of us are still living larger than people in the Big Apple. Home size in Manhattan is about half the national average.
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When the lenders foreclose on your house and you’re turfed out of the place, makes sense that you’re gonna rent a place to live. After all, it might be a tad difficult to get a mortgage on another home….
U.S. apartment vacancies fell to a two-year …
Howard Davidowitz, chairman of Davidowitz & Associates Inc., talks about U.S. consumers and the outlook for the retail industry. Davidowitz also discusses the performance of Sears Holdings Corp., (Wal-Mart, Best Buy, Toys-R-Us, etc.) prospects for onli…
