The question of who wants space in a former industrial building can almost be narrowed down to a dress code, says Paul Leonard, real
estate economist for commercial research company CoStar Portfolio Strategy: «It's people who don't wear a tie.»
Investors are still interested in buying real estate overseas markets despite slowing economies, says Kevin White, senior real
estate economist for Boston - based Property & Portfolio Research.
Not exact matches
The tighter mortgage lending rules, which make it harder
for home buyers to qualify
for uninsured mortgages, are also shrinking the pool of qualified buyers
for higher - priced homes, said Gregory Klump, chief
economist of the Canadian Real
Estate Association.
Many
economists worried that the state was in
for a recession along the lines of the oil shock of the 1980s, when real
estate prices plunged and unemployment soared.
«A slight decline in real -
estate related balances, consistent with broader housing market developments, contributed to a flat quarter
for total outstanding household debt,» Donghoon Lee, senior
economist at the New York Fed, said in a statement.
Most professional
economists and real
estate pundits continue to call
for a soft landing in terms of the local real
estate markets.
This could be why
economists are offering more conservative real
estate market forecasts
for Orange County in 2017.
In February, the company's
economists also provided a forecast
for the California real
estate market through 2018 and into 2019.
Don't worry about alarmist
economists — those at the Organization
for Economic Cooperation and Development,
for example, or Nobel Prize - winner Paul Krugman — who are predicting a real
estate crash.
This must be a lie because it's reported by HuffPost, an «American spy media» based on some «sadist» reports coming from a «Voodoo»
economist called David Madani who must have bet everything, including short - selling his own mother - in - law
for Canada's Real
Estate to die... Yeah, right.
In the end Gallienus decides to pay
for the celebrations using direct theft (by confiscating and then selling the
estates of his enemies and those of their families), but the final sentence of the above excerpt from a work of historical fiction reveals more knowledge of how monetary inflation works than is found in the writings of most Keynesian
economists.
«While the momentum
for sales activity began improving a few months ago, it may be losing steam after having just climbed back in line with an average of the past 10 years, said Gregory Klump, chief
economist with the Ottawa - based Canadian Real
Estate...
Dr. Samantak Das, Chief
Economist and National Director — Research, Knight Frank India says, «Though it appears that developers have got a raw deal through RERA, the Act will ensure that serious stakeholders remain in the real
estate sector in India and it is a win - win situation
for all.
Ralph McLaughlin, chief
economist at real
estate tracking firm, Trulia, recently elaborated to The Wall Street Journal, as follows: «Ultimately what really matters
for builders, what really impacts them, is this delay.
Matthew Gardner, Chief
Economist at Windermere Real
Estate, covering Seattle, says, «Our strong wage growth is still supporting rising home prices, which when combined with the historically low number of homes
for sale in Seattle, gives home flippers substantial returns on their investments.
«[Chief
economist Jonathan] Smoke and his team looked at the median number of days homes spent on the market to gauge the supply of homes
for sale, and the number of listing views per market to arrive at a list of the 20 hottest real
estate markets in the country.»
The
economists at the real
estate brokerage Redfin recently predicted that U.S. home prices would rise by 5.3 % during 2017, which would be very close to the 5.5 % year - over-year gain they reported
for 2016.
That's just a sampling of the opportunistic real
estate investment news Ted Tsiakopoulos, CMHC's Regional
Economist for Ontario, shared recently at the Canadian Mortgage Brokers» Association (CMBA) of Ontario annual conference.
The CIBC
economist was one of a number of people who trotted out from the bushes to tell the nation why it would be a bad idea
for the government to stop sanctioning 95 % leverage in the real
estate biz.
Economists View http://economistsview.typepad.com/ Cafe Americain http://jessescrossroadscafe.blogspot.com/ Market - Ticker http://market-ticker.denninger.net/ Econbrowser http://www.econbrowser.com/ Greg Mankiw's Blog http://gregmankiw.blogspot.com/ Carpe Diem http://mjperry.blogspot.com/ Credit Writedowns http://www.creditwritedowns.com/ Gregor Macdonald http://gregor.us/ Jeff Miller http://oldprof.typepad.com/ Floyd Norris — NYT http://norris.blogs.nytimes.com/ Market Beat — WSJ and their real time economics blog, deals, and real
estate blog... http://blogs.wsj.com/marketbeat/ FT Alphaville — http://ftalphaville.ft.com/ James Pethokoukis — Reuters http://blogs.reuters.com/james-pethokoukis/ (also Matt Goldstein and Rolfe Winkler at Reuters) Curious Capitalist — Time http://curiouscapitalist.blogs.time.com/ Matt Taibbi — http://trueslant.com/matttaibbi/ (And others at the same site) Trader Mark http://www.fundmymutualfund.com/ Dealbreaker http://www.dealbreaker.com/ The Epicurean Dealmaker http://epicureandealmaker.blogspot.com/ Ultimi Barbarorum http://ultimibarbarorum.com/ Zero Hedge http://www.zerohedge.com/ (ask
for Tyler Durden or Marla Singer) The Reformed Broker http://thereformedbroker.com/ Crossing Wall Street http://www.crossingwallstreet.com/index.html Cody Willard http://cody.blogs.foxbusiness.com/
Choose the best time to sell Spring and early fall are prime time
for selling homes, says Gregory Klump, chief
economist for the Canadian Real
Estate Association.
«Tightened regulations are expected to reduce the number of first - time buyers who qualify
for mortgage financing, particularly in pricier markets, where there is a severe shortage of lower - priced listings,» explained Gregory Klump, chief
economist for the Canadian Real
Estate Association (CREA).
Our friends at The Inspired
Economist served as our first non-founder host, and did a bang - up job: from green marketing, to solar
for small business, to green real
estate, there's a whole range of goodies...
With the price of commercial real
estate having been bid higher, construction activity has been triggered,» says Anbir Basu, chief
economist for Associated Builders & Contractors, Inc., a national construction industry trade association.
American of Chinese ancestry have a higher homeownership rate
for their income than white Americans, finds new research by real
estate economist Gary Painter, Ph.D., of the USC Lusk Center for Real E
estate economist Gary Painter, Ph.D., of the USC Lusk Center
for Real
EstateEstate.
Economists and real
estate experts are warning retail landlords to prepare
for buffeting winds.
«International buyers are popular scapegoats
for rising real
estate prices and shrinking inventory, but domestic factors have had a bigger influence on the housing market, much more so than demand from overseas,» says Dr. Svenja Gudell, chief
economist at Zillow.
The last thing they want to walk into is a situation where a tenant paying above - market rents files
for bankruptcy or closes a store and leaves them in a situation where they will be unable to re-lease the space and still get the same rents, notes Robert Bach, senior vice president and chief
economist with Grubb & Ellis, a Santa Ana, Calif. - based commercial real
estate services firm.
In fact, real
estate economist Hugh Kelly predicts new demand
for office space will exceed 400 million square feet by 2015.
We asked some of the most highly - respected
economists what the commercial real
estate industry would look like
for the next twelve months.
E-commerce growth continues to fuel demand
for most of the country, and industrial properties, both manufacturing and warehouse, remain one of the best performing asset classes in commercial real
estate, said Jeffrey Havsy, CBRE's chief
economist for the Americas, in a recent statement.
«The macro-factors that have defined real
estate in recent years — strong demand and weak supply — continue to set the tone
for the industry,» says Joseph Kirchner, senior
economist for realtor.com.
NAR's chief
economist, meantime, cautions that while the underlying fundamentals of the U.S. economy also look good
for residential and commercial real
estate markets next year, a number of variables might cloud the economic outlook.
«Life events drive real
estate transactions,» says Danielle Hale, chief
economist for realtor.com.
«We live in the age of cities,» said Richard Barkham, chief global
economist for real
estate services firm CBRE in the company's recent Global Gateway Cities report.
But as industry
economists point out in our outlook, 2006 is likely to be another good year in real
estate for all the same reasons we've mentioned before — strong household formation, immigration, baby boomers» purchases of second homes, and so on.
Lawrence Yun, NAR chief
economist, says the appetite
for U.S. commercial real
estate property was strong from foreigners last year and shows little signs of slowing in 2017.
Single - family new - home sales posted a sharp rise in October, but other factors still pose challenges
for the real
estate market,
economists say.
«Perhaps the most important thing to understand about this month's sales numbers is that these declines in real
estate activity are not in any way indicative of a decline in the demand
for housing going forward, or any other structural change in Florida's housing market dynamics,
for that matter,» says Florida REALTORS ® Chief
Economist Dr. Brad O'Connor.
Small Business Administration (SBA) Administrator Maria Contreras - Sweet is joined by NAR Chief
Economist Lawrence Yun and real
estate professional Louis Nimkoff, principal of Brio Companies in Winter Park, Fla., to talk about Small Business Administration loans that can be used
for small commercial property purchases, business expansion, and to cover operating and other business expenses.
«The premium
for new properties is decreasing,» says Ethan Vaisman, real
estate economist at CoStar Portfolio Strategy.
Learn what the latest economic indicators mean
for the real
estate industry at NAR's
Economist's Outlook blog.
Stan Humphries, chief
economist for Zillow.com, predicts that home value growth will slow to around 3 percent per year instead of the 6 percent seen recently, and that will make real
estate less attractive to many investors.»
«The stars were in alignment
for real
estate last year,» says NAR Chief
Economist David Lereah.
Dr. Marci Rossell, whose background includes stints with the Federal Reserve Bank, Oppenheimer Funds and as chief
economist for CNBC, believes that real
estate is only beginning to feel the effects of globalization.
Smoke comes to realtor.com ® after serving six years as chief
economist, senior vice president, and other executive roles at real
estate marketing firm Hanley Wood, and has been focusing on the housing industry
for 20 years.
«We see the office vacancy rate climbing toward the end of the year, which is something we've been anticipating as job creation slows,» says Sam Chandan, chief
economist for Reis, a New York - based commercial real
estate research firm.
If the second half of 2006 proved to be a tough period
for residential real
estate practitioners, «the good news is, the bad news is mostly behind us,» says NATIONAL ASSOCIATION OF REALTORS ® Chief
Economist David Lereah.
On the positive side,
economists estimate this change could bring billions of dollars of additional investment in U.S. real
estate from foreign investors, which could have a beneficial effect
for the economy and all real
estate.
With interest rates poised to rise, NREI recently talked with Richard Barkham, Ph.D., executive director and global chief
economist at commercial real
estate services firm CBRE to discuss what lies ahead
for the U.S. commercial real
estate market...