ALL BUSINESS: Home Buyers Getting Pushy
Source: Associated Press/AP Online Publication date: 2006-09-19 By RACHEL BECKNEW YORK – Not so long ago, home sellers used aggressive tactics to squeeze every last bit of profit from their home sales. Now that home sales are weakening, buyers have taken a page from the sellers’ playbook, demanding everything from new appliances to […]
Federal Reserve Cites Declines In Housing For Holding Rates
By Greg Ip From The Wall Street Journal Online What started out as a pause in rate increases last month began to look more like a full halt yesterday. The Federal Reserve left its short-term interest rate target at 5.25% for a second consecutive meeting. It also warned that it remains concerned about inflation, and […]
The Ernst & Young Top 10 Apartment Markets to Watch
By Steve Friedman, Ernst & Young JANUARY 09, 2006 — If 2005 was the year of the condominium, 2006 may well be the year that the rental apartment markets come back to prominence. In fact, the trend may already be underway. That’s the big picture nationwide. Here’s a list of 10 apartment markets for developers […]
Cooling Housing Market in Phoenix Doesn’t Damp Commercial Sector
By Maura Webber Sadovi From The Wall Street Journal Online Phoenix’s rapidly cooling housing market hasn’t damped the region’s commercial real-estate market. From a new football stadium for the Arizona Cardinals with a design inspired by a desert cactus to more than 16 million square feet of offices, warehouses and retail stores slated to be […]
What About the ‘R’ Word?
January 16, 2006 By Edward Leamer UCLA Anderson Forecast (Commentary published in the Los Angeles Business Journal) In recessions we have negative economic growth, and in recoveries we rack up pluses. But overall, the U.S. economy since 1970 has grown an average of a little more than 3 percent a […]
