From the October 6, 2009 PBS “News Hour.” One sees this every day. Storefronts on Park Avenue South where overpriced restaurants sat two years ago are empty with “For Rent” signs, something one never saw in such neighborhoods. Traditionally in NYC, property changes hands in private deals, never through the posting of rent signs. With 1% down payments, commercial real estate makes the subprime meltdown look outright responsible.
May 10, 2009 – recorded 17:30 GMT I seem to be under ‘attack’ from some rather ardent trolls…please be kind and click ‘View all XXX comments’, and thumb up the comments please- and remember to ’show’ the ’spam’ comments too – there’s a ton of good comments there. YT has been notified Remember to check out my blog: feveriam.blogspot.com Bank of England braced for third wave of financial crisis www.guardian.co.uk FDIC to Open a Temporary East Coast Satellite Office: www.fdic.gov The connection between Unemployment and Commercial Real Estate explained… Commercial real estate fears for regionals: www.ft.com Next shoe to drop? The other real estate market: business.theglobeandmail.com Real Estate Index Rises Along With Delinquencies: www.nasdaq.com Manhattan Calling: www.nytimes.com REITS On A Run: www.cnbc.com US Treasury must protect apartment renters-Senator: www.reuters.com Statewide Organization Launches Foreclosure Hotline–for Tenants: www.tenantstogether.org Peace
Links: CAPMARK Bankruptcy Bloomberg www.bloomberg.com October 25 news article www.earthtimes.org Consumer Confidence Slides www.cnbc.com My Blog trade-technicals.blogspot.com
This is 2/4 of one of my favourite bands Sunny Day Real Estate playing the song “The Ocean” of their album “The Rising Tide”.
Charlotte NC, A 4 minute introduction to life in Charlotte, www.terrymcdonaldrealestate.com , the heart of the New South. It is a fact-filled introduction to the Queen city, an economic powerhouse of the south. The video shows Charlotte for what it is- a large modern city in the South, thriving, growing and working through this recession. Updates available on the CC channel
hipster surf rock
An economics presentation at Humboldt State University. Special guest lecturer Dr. Christopher Thornberg of Beacon Economics discusses the current housing bubble and its effects on California.
2009 debut full-length album from New Jersey quartet. Real Estate play sun-streaked Psych/Indie Pop reminiscent of The Feelies, Yo La Tengo and other like-minded outfits. Guitarist Matt Mondanile also plays in Ducktails and Predator Vision Label: Woodsist/Revolver THIS IS A RECENT RELEASE. PLEASE SUPPORT THE ARTIST. ALBUM AVAILABLE NOW: www.amazon.com
some parts of the country, housing prices are falling at double-digit rates. A bad situation for homeowners, but a possible opportunity for investors. Money reporter Stacy Johnson explores what’s next, and who might benefit…
tinyurl.com
