Economy: Page 141
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Mortgage rates fall for a sixth week
Mortgage rates are holding up their end of the effort to have a housing recovery, dropping again this week.
By Ron Gallagher • June 7, 2012 -
WYDOT shifts to road "preservation" as budgets tighten
Officials say they simply cannot keep up past efforts – and they know the public won't like it.
By Ron Gallagher • June 6, 2012 -
The St. Louis Fed's view: Distressing mortgage conditions are not over
In a talk titled "The Aftermath of the Housing Bubble, regional Fed President James Bullard warned that housing markets are not rebounding the same everywhere.
By Ron Gallagher • June 5, 2012 -
Survived the recession? Beware recovery risks
After scrapping to stay alive, firms can find themselves over-committed about what they can with what they have left.
By Ron Gallagher • June 5, 2012 -
The factors behind construction risk
A professor uses municipal bankruptcies to highlight the need for construction professionals to clarify risk.
By Ron Gallagher • June 5, 2012 -
Trulia report: Asking prices flat in May, up for the quarter
Sellers, on average, were asking 1.6% more than in the first quarter of the year.
By Ron Gallagher • June 5, 2012 -
D.C. may be down, but not out for long
There was optimism at the 10th Annual RealShare DC conference.
By Ron Gallagher • June 4, 2012 -
Report sees greater South Atlantic multifamily development opportunities
The payback for a tougher downturn is a greater opportunity for growth.
By Ron Gallagher • June 4, 2012 -
Economy Watch: Employment disappoints in a big way
Unemployment rose 10 basis points, but as one economist noted, no one would think that mattered in a political poll with a 3% error margin.
By Ron Gallagher • June 4, 2012 -
ULI: CRE profitability, lending look bright for remainder of 2012
A survey found that those in the business think profitability, lending and markets are all improving.
By Ron Gallagher • June 4, 2012 -
Fighting Back Against Lowball Home Appraisals
There are things that home sellers and mortgage refinancers can do about an unjust appraisal.
By Ron Gallagher • June 1, 2012 -
Construction Jobs Take Largest Hit in Two Years; Jobless Rate at 14%
The May numbers are a shade better than in 2011, but overall construction employment is still far below its April 2006 peak of 7,726,000.
By Ron Gallagher • June 1, 2012 -
Job Growth Numbers Cast a Pall on Economic Optimism
May job numbers flop, and faith in a recovery suffers the strain.
By Ron Gallagher • June 1, 2012 -
15-year mortgage breaks 3% for first time, 30-year sets record low
The 15-year, fixed-rate mortgage broke the 3% barrier for the first time, falling to 2.97%.
By Ron Gallagher • June 1, 2012 -
LPS Says FHA Foreclosures Spiked 73% in April; HUD Says Number is Wrong
Depending on what you hear, foreclosures of FHFA-governed mortgages did or didn't take a big jump in April.
By Ron Gallagher • June 1, 2012 -
A Fresh Look at Where Americans Are Underwater
The real estate information website Zillow has compiled its data from the first quarter of 2012 to build a map.
By Ron Gallagher • June 1, 2012 -
Six Questions for Freddie Mac's John Cannon
Three months into his tenure at the GSE, Cannon tells GlobeSt.com's Erika Morphy that holding on to production and sales personnel is a top priority.
By Ron Gallagher • June 1, 2012 -
Canadian REIT spends $79M on Class A Scottsdale office building
Artis REIT has purchased MAX at Kierland, at 258,312-square-foot Class A office building in Scottsdale, for $79 million from a joint venture between Clarion Partners and Trammell Crow
By Brian Warmoth • May 31, 2012 -
For the first time ever, CMBS Delinquency Rate cracks 10%
Manus Clancy, senior managing director at Trepp, tells GlobeSt.com's Jacqueline Hlavenka that the rate is up by 67 basis points since February, a sign that the troublesome class of '07 loans still need some schooling
By Brian Warmoth • May 31, 2012 -
13 cities with falling home prices
Home prices dropped year-over-year in 13 of the 20 metropolitan areas analyzed by the Case-Shiller Home Price Index, as indicated in the latest release of the index on Tuesday
By Brian Warmoth • May 30, 2012 -
7 cities where home prices are on the rise
The latest release of the quarterly Case-Shiller Home Price Index reveals that seven of the 20 metropolitan areas surveyed saw higher home prices than in the first quarter of 2011, offering hope for sustained recovery in these markets
By Brian Warmoth • May 30, 2012 -
Glimmers of Good in a Down Home-Price Report
While the headline numbers were definitely negative, the Case-Schiller report offered some signs of improvement.
By Ron Gallagher • May 29, 2012 -
Case-Shiller Index Declines 2% in Q1 to Post-Crisis Lows
Home prices nationwide continued to decline in the first quarter of 2012, although at a moderate pace
By Ron Gallagher • May 29, 2012 -
Feds Expected to Loosen QRM Down-Payment Requirement
Banks may be able to require lower down payments to get out of "skin in the game" standards.
By Ron Gallagher • May 29, 2012 -
April Construction Employment Falls in 157 of 337 Metros Between 2011 and 2012
AGC officials said construction employment continues to suffer from relatively weak demand.
By Ron Gallagher • May 29, 2012