Gerald Musano

Real Estate Prices Firming

January 29, 2010
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Consumer confidence is up and the housing market is slowly bouncing back — looks like the worst is behind us.

Want more good news? The National Association of Realtors says home prices firmed significantly — up 4.9% on the median and up 6.4% on the average.

Click on the link below to learn more!

http://seekingalpha.com/article/185422-real-estate-prices-firming-as-consumer-confidence-grows


National Association of Realtors Report: Monday Morning

January 22, 2010
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The National Association of Realtors is going to release their monthly report on Monday morning and experts say it’s likely to be pretty lousy — expecting a sharp drop from November’s levels.

Check out the WSJ.com for more.


Washington Biz Journal: foreign real est

January 18, 2010
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Washington Biz Journal: foreign real estate investors say DC is #1 in US to invest $ http://bit.ly/8icNko #HootSuite http://hootsuite.com


WSJ Video: More Foreclosures Ahead

January 14, 2010
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According to RealtyTrac’s Rick Sharga, foreclosure troubles are far from over. Today the company released its 2009 report showing foreclosures rose 20%.

Check out his interview with the Wall Street Journal‘s Dawn Wotapka here:
http://online.wsj.com/video/more-foreclosure-trouble-ahead/58FF9A4A-74C5-4228-820B-3091506C96AC.html?mod=WSJ_Real%20Estate_videoCarousel


Prof Casey Mulligan Says the Commercial Real Estate Market Was No Bubble

January 13, 2010
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University of Chicago Professor Casey Mulligan says that the commercial real estate market and the housing market are fundamentally different saying that commercial real estate was reacting to the housing market, and the wider economy. What do you think?

For the complete argument, check out The New York Times‘ Economix blog:

http://economix.blogs.nytimes.com/2010/01/13/was-there-a-commercial-real-estate-bubble/


NYC Vacancy to Jump 64%?

January 13, 2010
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According to Cushman & Wakefield, vacancy rates could reach 15.75% — up from 9.6%.

Check out the The Real Deal for more:

http://therealdeal.com/newyork/articles/downtown-vacancy-rate-may-jump-64-percent-cushman-expert-joseph-harbert-and-andrew-peretz-says


NYT: Manhattan Real Estate Market Improves

January 7, 2010
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According to 4th quarter reports, the 2009 Manhattan real estate market ended better than it began! The improvements began in the summer and continued through the rest of the year.

The New York Times has the full story:

http://www.nytimes.com/2010/01/05/realestate/05estate.html


Real Deal’s Top 10 in 2009

January 4, 2010
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The Real Deal put together the ‘Top 10’ NYC real estate news stories in 2009. Check it out at the link below.

http://therealdeal.com/newyork/articles/the-real-deal-best-of-2009-the-top-10-biggest-real-estate-stories-of-the-year