Economy: Page
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CRE leaders agree that companies need stronger boards
Ferguson Partners talked to a range of executives about what good governance and performance require of directors.
By Ron Gallagher • June 11, 2012 -
HUD’s Donovan: Congress needs to act to restore housing market
Obama appointee says administration's plans can help create jobs in home building.
By Ron Gallagher • June 8, 2012 -
Explore the Trendline➔
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TrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
As banks hesitate, mezz funds see rescue opportunities
Debt maturities looming over the next five years make ample room for rescue capital, experts said at a ULI conference.
By Ron Gallagher • June 8, 2012 -
FHA will be selling off more troubled loans
The Federal Housing Administration plans to ramp up sales to investors of non-performing loans it has on its books.
By Ron Gallagher • June 8, 2012 -
Big homes are back in business
As the economy slowly improves and some consumers' anxieties ease, buyers are upsizing again.
By Ron Gallagher • June 8, 2012 -
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