Economy: Page 143
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Construction Backlog Indicator Is Down in 1Q
The failure of the economy to gain solid footing and march ahead gets the blame for varying commercial activity.
By Ron Gallagher • May 25, 2012 -
Fannie, Freddie Make Money on Multifamily, Take a Bath on the Rest
The agencies made $7 billion there, but lost $208 billion on single-family, investments and "other losses."
By Ron Gallagher • May 25, 2012 -
Glug, Glug: 31% of U.S. Mortgages Are Under Water
The good news is that 90% of the mortgages are current as owners wait for values to bring them back to par.
By Ron Gallagher • May 25, 2012 -
Record Low Mortgage Rates Hold Steady
The weekly survey found the average national 30-year fixed rate down one basis point, a market aid for builders.
By Ron Gallagher • May 25, 2012 -
MBA: Mortgage Originations Will Outpace 2011
More than two-thirds of the new loans will be refinances, however, and the bankers have dropped their forecast for new-home mortgages a bit.
By Ron Gallagher • May 25, 2012 -
ULI’s Tom Murphy Talks About Real Estate Leadership, Public-Private Partnerships, the Millennials
The former Pittsburgh mayor tells what his experience has taught him.
By Ron Gallagher • May 24, 2012 -
Visionary: David Smith Proposes New Affordable Housing Solutions
The founder of the global non-profit Affordable Housing Institute spoke about the health of the nation’s affordable housing.
By Ron Gallagher • May 24, 2012 -
FHFA: Home prices rose 0.5% in first quarter
In the 25 largest metro areas, Houston had the best appreciation while Atlanta was at the bottom with a 3.3% decline.
By Ron Gallagher • May 24, 2012 -
Gilbane's Quarterly 'Market Conditions in Construction' Sees 5% Industry Growth This Year
Not all indicators are positive, the company notes, especially employment, but contractors' margins are up from their lows.
By Ron Gallagher • May 23, 2012 -
New-Home Sales Continue Recovery as Annual Rate Rises 3.3% in April
The National Association of Home Builders said it expects the slow climb to carry through the year.
By Ron Gallagher • May 23, 2012 -
Desert Revival: Apartment Market in Southwest Is Looking Good
The market for apartments in the Southwestern states is good and looks even better if viewed from how far down the recession took them.
By Ron Gallagher • May 23, 2012 -
Freddie Forces BofA to Buy Back Mortgages
What is unusual is that most of the loans involved are performing assets. The dispute is over computer-generated versus manual appraisals.
By Ron Gallagher • May 23, 2012 -
Large Investors Choose to Swim on Their Own
Put off by high fees and disappointing performance of so-called pooled funds, major institutions are building in-house real-estate investment divisions to acquire property directly.
By Ron Gallagher • May 22, 2012 -
LPS: Mortgage Delinquencies in April Up for First Time in 9 Mos.
While the rate was up four-tenths of a percent, it is still more than 10% below the year before.
By Ron Gallagher • May 22, 2012 -
Economist: Big Banks' Power Hampers Recovery of Small Commercial Sector
Small banks typically lend for small businesses that want to build, but large banks now dominate credit the mortgage market.
By Ron Gallagher • May 22, 2012 -
New Retail, Industrial JVs Indicate $340M Worth of Market Confidence
Two just-announced ventures indicate a strengthening CRE sector.
By Ron Gallagher • May 21, 2012 -
Home Prices Climb in April, but the Bottom May Be Yet to Come
Figuring out the future of the homes market is akin to being in a submarine with instruments that disagree on the trim of the boat.
By Ron Gallagher • May 18, 2012 -
Mortgage Rates Find New Lows
The latest numbers ought to look good to potential home buyers, with fixed rates hitting all-time lows for week No. 3.
By Ron Gallagher • May 17, 2012 -
U.S. Housing: Less Dilapidated, but Still a Fixer-Upper
All in all, the housing market looks better than it has in recent years, but it still needs repairs.
By Ron Gallagher • May 17, 2012 -
Ivanhoe, Hines $300M Chicago Office Tower to ‘Satisfy Pent-up Demand’
They will erect a 45-story, $300 million tower on the city's riverfront at 444 W. Lake.
By Ron Gallagher • May 17, 2012 -
Construction Industry Boardrooms Raise the Bar for Selecting Directors
Firms reach into their ranks, and outside, for directors with financial smarts, vision and leadership on governance and accountability.
By Ron Gallagher • May 16, 2012 -
Home Asking Prices Hit One-Year High in April
The median home price, based on data from 146 metropolitan areas, rose 0.7% last month.
By Ron Gallagher • May 16, 2012 -
Architecture Billings Index Slips Into Negative Territory
The Architecture Billings Index (ABI) has fallen into negative terrain, but it may be a pause after winter activity.
By Ron Gallagher • May 16, 2012 -
Housing’s Future: Renting and Downsizing
The Conference Board sees the first stage of this recovery being led by rental properties.
By Ron Gallagher • May 16, 2012 -
Homes Are Within Reach; Credit, Not So Much
A measurement by the National Association of Realtors says many could make home payments if they could get a mortgage to pay.
By Ron Gallagher • May 15, 2012
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