Commercial Real Estate - The Red Shoes Have Reached Oz - 10/25/07 09:31 AM
Even before the residential real estate holocaust, the Federal Reserve had expressed concern about the excessive commercial real estate bank loan portfolios. Today the Financial Times reports that turmoil reaches commercial mortgage-backed debt. If the Fed's concern, specifically the FDIC, prefaced the residential market, we can surmise that the CMBS market (1 comments)
The Financial Aftermath; Urban Society - 10/15/07 03:37 PM
To make sure that we are all on the same page, OFFICIAL: worst residential real estate slump since the 1930s... historical projection - 37% of US banks will fail in the next 3 years...the 2007 stock market crash occured right on schedule. the 1929 crash was preceeded by the 1927 housing (4 comments)
SOS Titanic - 10/03/07 09:05 AM
I have not changed by blog for over a week and it will stay that way until a SOS Titanic is added. The falling house in Oz lands on wall street. Stretchers and ambulances are everywhere while the talking heads try to compartmentalize it, but to no avail. 7 thousand tons (2 comments)