From the category archives:

Economics

“A very strong recovery to mediocrity”

by Honeycrisp March 24, 2010

We recently attended the NAI Global Conference in NYC, and wanted to provide a few insights we took away from the keynote speaker:  Dr. Linneman, Chief Economist of NAI Global, Principal of Linneman Associates, and Real Estate professor at our alma mater, the Wharton School.  The following is a close paraphrasing of his thoughts. A [...]

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How relevant is the Case-Shiller Index to Manhattan and NYC?

by Honeycrisp March 23, 2010

You’ve probably heard the words “Case-Shiller” mentioned hundreds of times by now … it’s not surprising.  The Case-Shiller Index (CSI) is now touted as one of the most respected and reliable means of tracking the health of the housing market.  Headlines are littered with references to this magical index, so we thought we would take [...]

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Reading Housing Data 101: Quarterly vs Annual Comparisons

by Honeycrisp March 7, 2010

We are continuing our 5 part series, Reading Housing Data 101, to help you better understand quoted housing statistics and avoid taking others’ conclusions at face value. We dealt with the distinction between local vs. national data, and seasonality, now let’s tackle the difference between quarterly and annual comparisons. Quarterly or annual? Please try to [...]

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What will happen to interest rates when the Fed stops its MBS purchases in March?

by Honeycrisp February 22, 2010

As we count down to the end of March, many are eagerly waiting to see the market reaction to the Fed ceasing its purchases of $1.25 trillion in mortgage-backed securities. Most believe it inevitable that rates have nowhere to go but up … it’s just a matter of when and the degree of influence that [...]

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Reading Housing Data 101: Seasonality

by Red Delicious February 21, 2010

We are continuing our 5 part series, Reading Housing Data 101, to help you better understand quoted housing statistics and avoid taking others’ conclusions at face value. We dealt with the distinction between local vs. national data, now let’s tackle the aspect of seasonality. Seasonality The real estate industry ebbs and flows in a similar [...]

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A Compilation of Predictions for 2010

by Honeycrisp January 19, 2010

“We have two classes of forecasters: those who don’t know, and those who don’t know they don’t know” – John Kenneth Galbraith 2009 was a year most of us would rather forget.  As the first official post of 2010, we thought we would consolidate everyone’s predictions of what the year will bring (frankly, we wanted [...]

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A Manhattan Real Estate New Year’s Jingle for 2009

by Honeycrisp January 1, 2010

T’was the night before New Year’s, when for seconds so brief All in the world of real estate breathed a sigh of relief. Events that unfolded in 2009 Could have been so much worse for Manhattan’s skyline. Thinking back to last year, markets frozen as ice, It seemed sellers and buyers were way off on [...]

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Will NYC See a Double Dip in 2010?

by Honeycrisp December 24, 2009

… and will the city experience a second significant slide of home prices? As you know, we love shedding light on both sides of an argument. Heading into the end of 2009, with just a few days to go, we thought we would lay out the arguments for and against a double dip in NYC [...]

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Up Close with Robert Shiller (Part 2)

by Honeycrisp November 17, 2009

We were lucky enough to hear Robert Shiller speak at the Distressed Real Estate Summit a few weeks back. (Read Part 1) We had the opportunity to ask him the following question. Question: Since we are living in anomalous times, as you noted, based on your background in behavioral studies, how would you characterize the [...]

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Up Close with Robert Shiller (Part 1)

by Honeycrisp November 15, 2009

We were lucky enough to hear Robert Shiller speak at the Distressed Real Estate Summit a few weeks back.  We found most of what he said to be interesting, as we hope you will, too. He began with speaking about the misquoted relationship between the economy and housing prices, noting that, in fact, the relationship [...]

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