Posts filed under “Real Estate”
Miller is an expert on real estate appraisals and transactions, and runs one of the larger appraisal firms. He has created a variety of real estate data analytics for various regions as well as nationally. He is also sought after as the “go to” appraiser for the many of the most expensive penthouses in Manhattan.
In our conversation, Miller notes that all housing is local, but credit is national. Hence, the differences between the middle class housing market, driven primarily by access to credit, and the high end, which has become a nearly an all cash market.
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Housing Market Headwinds John Krainer and Erin McCarthy Federal Reserve Bank of San Francisco. The housing sector has been one of the weakest links in the economic recovery, and the latest data continue to show only modest improvement. One obstacle to a pickup in housing demand has been tight mortgage credit standards. Indeed,…Read More
Under normal circumstances, approving my mortgage application should be a no-brainer: High income, no debt, high credit score. The missus also makes a good income, has an almost-perfect credit score and has been working for the same business for 28 years. But these are not normal circumstances. Let me jump to the end: Yes, we…Read More
The bond market seems to have had its own flash crash this week. The yield on the 10-year U.S. Treasury bond dipped briefly below 2 percent, as panicked equity sellers looked for a safe place to park their cash. Treasuries, of course, are the world’s option of choice, the safest and most liquid port during…Read More