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Market Snapshot: Somerville, MA Multifamilies
I like to take a look on a regular basis at data and get a feel for what’s happening in real time versus just what’s being reported to me in a general sense. Tonight I looked at Somerville, MA multifamilies. This is an area where I began my career and where I’ve sold a number [...]
17Apr2008 | Brecht Palombo | 0 comments | Continued
Top Brass Weighs in On Home Prices
The New Housing Starts numbers came out today and as you might expect they were at their lowest point since March 1991. Buried in one of the articles I was reading was a crystal ball owner, the CEO from JPMorgan Chase.
“It’s hard in almost all these mortgage areas to say exactly what’s going to happen [...]
Three Economic Indicators Scheduled for Announcement This Week
The following are the scheduled economic indicators that will be released this week. Let’s hope for some good news:
4/14 Advance Monthly Retail Sales (Census) March 8:30
4/14 Manufacturing and Trade: Inventories and Sales February 10:00
4/16 New Residential Construction (Census) March 8:30
E.C.
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Hello Brecht,
I just wanted to say that this is a great article. I am so glad that the subject of ...
Hi Brecht,
Thanks for the article. I have a question about the inverse relationship between cap rates and property values. ...