Mark Fleming, chief economist at First American Core Logic, gives a reading on where we are in this housing cycle. In this January 2008 interview, Fleming says foreclosure trends will signal the first signs of a turnaround, and so far they hadn’t let up. Like many others, Fleming doesn’t see the downturn reversing any time this year.
Forecast shows waning investor confidence, hard-to-get financing
Building to undergo extensive upgrades
Electronics-maker tenant plans long-term stay in SoCal
Bloggers seek to attract referrals, clients through new portal
Builders report price drops, rising incentives
Survey: Borrowers paying more points on ARM loans
30-year fixed rate at 6.08%; 10-year Treasury yield at 3.6%
Landlord fingered by nonprofit that sued craigslist
Asset boasts extensive amenity list
Buyer uses 1031 exchange
Retail center features mix of shop sizes
Former Realtor.com president will continue to serve as adviser
GSEs have trimmed loan portfolios to counter losses
Investigations focus on securitization, servicing of home loans
WaMu, Wells Fargo, National City affected
Move could reduce pressure for more rate cuts
30-year fixed rate at 6.07%; 10-year Treasury yield at 3.45%
30-year fixed rate at 6.09%; 10-year Treasury yield at 3.53%
Grubb & Ellis Realty Investors makes purchase for wealth management client