tag:blogger.com,1999:blog-6616959642391988608.post2611253661802614140..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: The outlook for construction brightensScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-6616959642391988608.post-88138237944837739792012-01-04T10:29:39.601-08:002012-01-04T10:29:39.601-08:00The Federal Reserves policy of "extend and pr...The Federal Reserves policy of "extend and pretend" has resulted in all of us subsidizing homeowners(maybe I should say "home occuppants")in McMansions, to stay in their homes for 2 years, rent free.<br /><br />These folks hire lawyers and play gotcha games with the lenders, and any other parties that had a hand in the original loan process, ie. mortgage broker, appraiser, etcSteve Khttps://www.blogger.com/profile/13432588336315831351noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-57255404386506850312012-01-04T07:25:36.113-08:002012-01-04T07:25:36.113-08:00PS: The US has essentially "written off"...PS: The US has essentially "written off" Main Street USA in an effort to save Federalism (and cosmopolitan society) from itself...McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-54473927819505797892012-01-04T07:23:13.167-08:002012-01-04T07:23:13.167-08:00The two-year flatline in both residential and non-...The two-year flatline in both residential and non-residential construction evidences economic depression along Main Street USA --the Main Street depression in America is the sacrifice that the Federal government has tendered in order to save the institutions and employment sectors that are more dear to Federalism itself -- other evidence includes the decade-long declines in real working wages andMcKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-35119143378908712622012-01-04T06:03:38.117-08:002012-01-04T06:03:38.117-08:00Happy New Year Scott!
When you consider population...Happy New Year Scott!<br />When you consider population growth trends for housing, do you also consider the increasing trend fir multi-generationalhousing occupancy?Mark Gerberhttps://www.blogger.com/profile/07980096984624964261noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-24519878462539748922012-01-04T05:36:50.509-08:002012-01-04T05:36:50.509-08:00If you have water leaking from your ceiling, there...If you have water leaking from your ceiling, there is a nice chance that you have a home construction issue.<br /><br /><a href="http://www.hoamanagement.com/" rel="nofollow">Association Management</a>Dylanarmanhttps://www.blogger.com/profile/17609047067578272093noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-84518759903537377922012-01-03T19:04:57.612-08:002012-01-03T19:04:57.612-08:00Unknown-
It would have been a lot cheaper for tax...Unknown-<br /><br />It would have been a lot cheaper for taxpayers, and banks, if the Fed had merely reflated property values, instead of fighting commodities inflation and driving a torpedo into the economy.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-933682546914557412012-01-03T17:18:08.168-08:002012-01-03T17:18:08.168-08:00when do the rest of you think the FHA sticks its h...when do the rest of you think the FHA sticks its hand out for a bail out?<br /><br />"The FHA has been denying it needs a bailout. Their denials don’t seem plausible. The FHA has been providing a significant portion of the financing for the US housing market with 3.5% down payments. If those buyers wanted to sell, they couldn’t cover the commissions to leave. They are underwater from the Unknownhttps://www.blogger.com/profile/12616454339935658018noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-35103647246567634082012-01-03T16:02:42.778-08:002012-01-03T16:02:42.778-08:00Bill-
People mistakenly believe it was "Fann...Bill-<br /><br />People mistakenly believe it was "Fannie and Freddie" that gave rise to the residential real estate boom-bust. But USA commercial had a worse bust, no Fannie, Freddie etc.<br /><br />It was the Fed---fighting inflation at precisely the wrong moment, when the economy was weakening. <br /><br />There was nothing to prevent a much more healthy gradual flattening out of Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-18457078347679505252012-01-03T14:47:33.560-08:002012-01-03T14:47:33.560-08:00The other major development will be a mountain of ...The other major development will be a mountain of non-recourse commercial RE loans that will default this year. The servicers are already seeing an alarming number of distressed loans that were issued in 2007 at the peak. I think we will have at least another year of distress before we see a recovery.Billhttps://www.blogger.com/profile/06910619601367464068noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-45028796310527505042012-01-03T13:58:27.958-08:002012-01-03T13:58:27.958-08:00Construction may have bottomed but I don't thi...Construction may have bottomed but I don't think prices have yet to bottom. <br /><br />The problem for 2012 and the foreseeable future will continue to be an imbalance between supply and demand.<br /><br />The banks are going to start clearing out the delinquent mortgage squatters. These houses will increase the supply of for sale homes, and the sellers will be motivated. The displaced Unknownhttps://www.blogger.com/profile/12616454339935658018noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-12321206050608455452012-01-03T12:32:21.914-08:002012-01-03T12:32:21.914-08:00Looks like construction spending hit bottom in ear...Looks like construction spending hit bottom in early 2010 and has stayed there...a miserable failure for Obama and the Fed.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com