Economy: Page
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Sobering Look at How Far Prices Climbed and Dove in Major Metros
A week after the monthly Case-Schiller numbers, S&P offers a quick, no-punches-pulled look at how prices have gone in a decade.
By Ron Gallagher • May 1, 2012 -
Federal Reserve: Banks to Increase Real Estate Loan Exposure
Survey data indicate that bankers are feeling enough demand to put another toe back into the mortgage waters.
By Ron Gallagher • May 1, 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 -
REO Prices Going the Other Way as Overall Home Prices Sink
A report from Clear Capital finds that without rising REO deals, the national drop in home prices would be larger.
By Ron Gallagher • May 1, 2012 -
Homeownership Erodes as Rentals Gain Momentum
Housing vacancies fell in the first quarter, but homeownership rate was at its lowest in 15 years, Census Bureau data show.
By Ron Gallagher • April 30, 2012 -
Housing Issues Provide Greatest Motivator for Relocation in U.S.
The motivator peaked in 2006, a survey found, but still accounts for 40% of the reasons.
By Ron Gallagher • April 27, 2012 -
Georgia Tech Builds Carbon-Neutral Lab to Study Carbon Neutrality
Unlike most laboratories, Georgia Tech’s is designed as both an energy miser and a prototype for net-zero energy-use research facilities.
By Ron Gallagher • April 27, 2012 -
Is It Time to Buy New?
Builders are more confident that people are feeling ready to take the plunge into homeownership.
By Ron Gallagher • April 27, 2012 -
REIT Finance: Preferreds, ATMs are Hot, Common Equity Less So
REITs are pulling in more money, but the routes it is taking a different.
By Ron Gallagher • April 27, 2012 -
Economy Watch: Pending Homes Sales Index Spikes
The NAR's Pending Home Sales Index rose nearly four points in March, giving some small room for optimism.
By Ron Gallagher • April 27, 2012 -
Stunned Home Buyers Find Bidding Wars Are Back
This time around, it's more a matter of short supply for what buyers there are, not a flood of purchasers.
By Ron Gallagher • April 26, 2012 -
Deals: Berkadia Lands $37M Refinance for Illinois Community
News about transactions involving multifamily properties around the nation.
By Ron Gallagher • April 26, 2012 -
Radar Logic's Report: February Sales, Price Gain
The monthly report calls the February sales rise "particularly robust," but says that may not last, and prices were still below 2011.
By Ron Gallagher • April 26, 2012 -
Market Snapshot: Lack of Construction in Portland to Send Vacancies to Historic Lows
By Ron Gallagher • April 26, 2012 -
New Home Sales: Up or Down?
Home construction numbers can feel like you're watching the "Wizard of Oz" scarecrow pointing in opposite directions and telling Dorothy, "That way's nice."
By Ron Gallagher • April 26, 2012 -
What’s the Matter With Wichita?
Wichita appears to be in a state of suspended animation in its real estate sector. What does that tell us about middle-sized cities?
By Ron Gallagher • April 25, 2012 -
Manhattan Multifamily Sales Jump in First Quarter
New York multifamily sales increased 34 percent in the first quarter of 2012.
By Ron Gallagher • April 25, 2012 -
Taubman Announces Construction of $315M, 880 KSF Mall in Sarasota
The center will have about 115 stores anchored by Saks Fifth Avenue, Macy's and Dillard's.
By Ron Gallagher • April 25, 2012 -
Property Investor Cashes In on Distress
Picking up five office buildings at the depth of the recession proves profitable for AREA Property Partners.
By Ron Gallagher • April 25, 2012 -
Annual New-Home Sales Rate for March Rises 7.5% from 2011 Figure
New-home sales figures for last month follow other recent news – well up from 2011 but down from February.
By Ron Gallagher • April 24, 2012 -
Case-Shiller: Home-Price Dive Was Shallower in February
The monthly year-over-year calculation found prices in the 12 months ending with February fell less steeply than they had the previous year.
By Ron Gallagher • April 24, 2012 -
Multifamily Marches On as Demand Remains Strong
Former HUD Secretary Henry Cisneros says that even with thousands of units in the pipeline, demand outpaces supply.
By Ron Gallagher • April 24, 2012 -
Berkadia Closes $46M Loan For Senior Housing
The team completes the loans for Russellville East and West via its proprietary bridge loan program.
By Ron Gallagher • April 24, 2012 -
March Rate for Construction Starts Climbs 23%
A big part of the gain was from work begun on the Vogtle nuclear plant approved for Georgia. Non-utility starts were less exciting.
By Ron Gallagher • April 23, 2012 -
D.R. Horton Sees Huge Profit Gain in Q2 Results
The company's posting for the first three months of 2012 was 46% above the 2011 margin.
By Ron Gallagher • April 23, 2012 -
Vertical Shaft Machine Makes U.S. Debut Near Seattle
Tunneling crews are using innovative technology to dig deeper shafts with greater accuracy in King County, Wash.
By Ron Gallagher • April 23, 2012