How healthy is the residential real estate market…really? If history is a guide, things are peculiar. New home sales and median new sale prices have generally moved in line with one another, but since the time of the housing crash volume has lagged far behind price. Is it coincidental that interest rates have been kept […]
This author has yet to write their bio.Meanwhile lets just say that we are proud Ginny1 contributed a whooping 3 entries.
Entries by Ginny1
As the article by Sarah Mulholland of Bloomberg points out, “Real estate deals surged to $129 billion during the three months through March, marking the most active start to a year since 2007, according to Real Capital. “ As capital searches for yield and safety, US commercial real estate is in high demand by global […]
From Steve Roth’s, Chairman and CEO of Vornado Realty Trust, 2014 Shareholder Letter, “I am beginning to get a little wary. It looks like the easy money has been made for this cycle. Asset prices today are high, well past the 2007 peak, and acquisitions are getting dicey. Our sense is that this may be […]