Articles About Credit Crisis

Author:
Mike Ochs
Posted:
05.14.2012

House Prices At 2002 Levels

The S&P/Case-Shiller home price index of 20 cities revealed a 3.5 percent decline when compared with last year.  Home prices are now at their lowest levels since November 2002.  “Nine (housing markets) hit post-bubble lows,” said David Blitzer, spokesman for S&P, including Atlanta, Charlotte, Chicago, Las Vegas and New York.  “While there might be pieces […]

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Author:
Mike Ochs
Posted:
10.14.2009

Home Equity Loan Delinquencies Spiral as Values Contract

Home equity loan delinquencies reached a record high of 3.52 percent during the first quarter of 2009, according to the American Bankers Association.  That contrasts with the 3.03 percent reported during the fourth quarter of 2008.  Late payments on loans climbed to a record 1.89 percent. Home equity loans also are partly to blame for […]

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Author:
Pat Gallagher
Posted:
09.16.2009

Recession Coming to an End: The Fed

Eleven of the 12 regional Federal Reserve banks showed signs of a stabilizing or improving economy during July and August, according to the Fed’s latest Beige Book report.  The Beige Book’s anecdotal evidence found that the nation’s worst recession in 70 years is coming to an end.  The Fed expects the economy to grow by […]

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Author:
Tony Wilbert
Posted:
07.06.2009

Commercial Real Estate Still Troubled

Don’t look for the country’s commercial real estate market to improve any time soon.  In fact, expect it to continue to get worse for the next year or so.  That was the conclusion from a panel at the National Association of Real Estate Editors journalism conference in Washington, D.C., that addressed the question:  “Commercial Real […]

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Author:
Tony Wilbert
Posted:

Commercial Real Estate Still Troubled

Don’t look for the country’s commercial real estate market to improve any time soon.  In fact, expect it to continue to get worse for the next year or so.  That was the conclusion from a panel at the National Association of Real Estate Editors journalism conference in Washington, D.C., that addressed the question:  “Commercial Real […]

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Author:
Tom Silva
Posted:
06.12.2009

An Apple a Day

Apple may be the Great American Company — the heir to the spirit of Henry Ford who revolutionized corporations worldwide by modernizing the assembly line to facilitate production of his legendary Model T car.  Similarly, Apple under Steve Jobs’ leadership expresses everything that Americans naturally do well — innovation, high quality, smart growth, and nimbleness. […]

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Author:
James I. Clark III
Posted:
05.13.2009

Sovereign Wealth Funds Still Interested in U.S. Real Estate

Sovereign wealth funds (SWFs) have been closely watching the credit crisis evolve, according to a Deloitte LLP report.  The good news is that they haven’t entirely lost their taste for American commercial real estate.  Consider that two of 2008’s highest profile transactions were the Abu Dhabi Investment Authority’s $800 million acquisition of the iconic Chrysler […]

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Author:
Michael Alter
Posted:
10.22.2008

Paul Volcker: U.S. Is in a Recession

“It’s not going to be a problem in the short run.  Inflation doesn’t flourish in the face of recession,” said Paul Volcker, who served as chairman of the Federal Reserve from 1979 until 1987.  “It’s something we have to worry about when we get out of this recession.  I have been around for a while.  […]

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Author:
Michael Alter
Posted:

Paul Volcker: U.S. Is in a Recession

“It’s not going to be a problem in the short run.  Inflation doesn’t flourish in the face of recession,” said Paul Volcker, who served as chairman of the Federal Reserve from 1979 until 1987.  “It’s something we have to worry about when we get out of this recession.  I have been around for a while.  […]

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