Real Estate Views
"We estimate that the [2005 bankruptcy] reform caused about 800,000 additional mortgage
defaults and 250,000 additional foreclosures to occur in each of the past several years –
thus contributing to the severity of the financial crisis."
Wenli Li and Michelle J. White (Winter 2009)
Pending Resale Home Index
National Association of Realtors
New Home Sales
U.S. Census Bureau
U.S. Construction Spending
U.S. Census Bureau
Harvard Report on Housing
Little Evidence of Upward Trend in Housing
Dean Baker (Summer 2009)
Is The Worst Behind US?
David Lynn (Summer 2009)
Hedging Real-Estate Risk
Frank J. Fabozzi, Robert J. Shiller, and Radu Tunaru (Summer 2009)
A looming rise in foreclosures is likely to keep home prices under continuing pressure
Comstock Partners (Summer 2009)
Is the Real Estate Bust Over?
Ludwig von Mises Institute (Spring 2009)
Closing In on a Bottom in 2009
Wachovia Economics Group (Spring 2009)
"Investment in non-residential real estate will decline sharply over the next several quarters."
Calculated Risk (Winter 2008)
Housing, Mortgage Markets and Foreclosures
Fed Chairman Ben Bernanke (Winter2008)
Outlook for U.S. Housing Starts, 2009 - 2012
Congressional Budget Office (Fall 2008)
Government Interventions in Financial Markets:
Economic and Historical Analysis of Subprime Mortgage Options
- Congressional Research Service Report for Congress (Spring 2008)
Does Mortgage Debt become Unemployment Insurance in Hard Times?
"We're not really in a quote 'credit crunch.' I think what we are in is a 'confidence crunch.'"
- Sam Zell (Fall 2007)
The Bubble, Deflation, and Implications for Real Estate