Altos Research Real Estate Insights - Comments

Rousel Elaine: Worst Financial Crisis Since the Great Depression

Rousel Elaine — Tue, 22 Jul 2008 08:42:24 -0700

Plausible! Bear Stearns, one of the world's biggest investment banks, would have filed for Chapter 11 protection from creditors had Jamie Dimon and JP Morgan not saved it. Freddie Mac and Fannie Mae would have collapsed had Paulson and the Treasury refused to intervene. Indymac, which supposedly had highly rated investments, was taken over by the FDIC.

Signs of a bad economy. But it will be near the great depression if non-subprime real estate industries collapse. Detroit's Big 3 General Motors Corp., Ford Motor Company, Chrysler are facing heavy losses. The airlines like UAL and AMR are also projecting to be in the red. If these giants collapse, it will show that we really have a big financial crisis.

Carlo Fernandez: Announcing AltosXplorer: Live access to the data

Carlo Fernandez — Tue, 22 Jul 2008 08:19:56 -0700

Does your data cover real estate in Canada?

What is the extent of the historical data you are using? As for your analysis, what methods are you using to predict reasonable information.

Carlo Fernandez: Quick and Cogent Analysis on Freddie and Fannie Fallout

Carlo Fernandez — Tue, 22 Jul 2008 08:09:57 -0700

Elli, I could recall some investment vehicles holding asset-backed commercial paper, and money worth more than $20 billion filing for restructuring under Canada's CCAA proceedings about four months ago.

SOme players in the ABCP market, which is backed by big banks, lost money due to loss of confidence from investors due to their exposure to the U.S. subprime mortgage market.

I'm quite amused though why Canada has not been affected by the real estate problem in the U.S. as much as Japan which is located thousands of miles away.

toronto condos: Quick and Cogent Analysis on Freddie and Fannie Fallout

toronto condos — Mon, 21 Jul 2008 01:10:15 -0700

Hi there, everybody! I just was not able not to join the conversation and leave a comment! Firstly, thank you for bringing those interesting points, information and predictions...As a person who is interested in the Toronto condos, I consider those point pretty resolute Anyway, they are good as it is hard to find this kind of analisys, I mean, an analysis providing clearly stated points, at least!

To Carlo> very good points, I like your perspective as well!

Cheers,

Elli

toronto condos: Quick and Cogent Analysis on Freddie and Fannie Fallout

toronto condos — Mon, 21 Jul 2008 01:09:18 -0700

Hi there, everybody! I just was not able not to join the conversation and leave a comment! Firstly, thank you for bringing those interesting points, information and predictions...As a person who is interested in the , I consider those point pretty resolute Anyway, they are good as it is hard to find this kind of analisys, I mean, an analysis providing clearly stated points, at least!

To Carlo> very good points, I like your perspective as well!

Cheers,

Elli

Derek Overbey: Fighting the Good Fight

Derek Overbey — Thu, 17 Jul 2008 06:53:19 -0700

Mike,

Now if you could only help the Hulkster with his hair loss!

Derek Overbey
Sr. Director of Partnership Strategy
Roost.com
http://www.roost.com
http://blog.roost.com

Steamboat: Worst Financial Crisis Since the Great Depression

Steamboat — Wed, 16 Jul 2008 18:30:31 -0700

So basically what you're saying is that we're screwed!

steamboat

Carlo Fernandez: Quick and Cogent Analysis on Freddie and Fannie Fallout

Carlo Fernandez — Mon, 14 Jul 2008 05:16:44 -0700

Hmm Hmm. Mr. Paulson and the U.S. Treasury have saved mortgage giant Freddie Mac and Fannie Mae's assets with some kind of a restructuring package.

I'm just curious why Canada has not been as affected by the housing bubble like the United States, Japan and some areas in Europe?

Peter Baptiste: Quick and Cogent Analysis on Freddie and Fannie Fallout

Peter Baptiste — Sun, 13 Jul 2008 21:00:50 -0700

Well Yes indeed we do have a housing bubble bust going on. I too appreciate your perspective. A very straight, short and to the point post. Much thanks for the information.

The Foreclosure Doctor

Carlo Fernandez: Quick and Cogent Analysis on Freddie and Fannie Fallout

Carlo Fernandez — Fri, 11 Jul 2008 17:49:18 -0700

Freddie, Fannie and the housing/lending sector are still in trouble.

The Federal Deposit Insurance Corp, it has seized Indymac's assets and operations after the bank has faced liquidity problems and have stopped accepting mortgage loans. LandSource, a California "horizontal" real estate developer also filed for Chapter 11 protection from creditors jsut over a month ago. The mortgage lending crisis in the U.S., which took in effect in more than a year is not yet over.

But the present circumstances results to less demand, higher supply in housing, thus LOWER PRICES. Canada apparently has not been saved from this crisis. In Toronto, for example, building permits have dropped 12.2$ in May, despite increases in commercial development due to a substantial drop in real estate development, including the volatile Toronto condos

But if a home buyer has extra cash, better buy real estate at this time, when the prices are really low. But if you're planning to sell, hold on to your assets. As to potential mortgage borrowers, it will be difficult to do so nowadays because lenders are trying to avert any further collapse, and have set more stringent requirements.

dan: RateSpeed.com is Really Useful

dan — Fri, 11 Jul 2008 09:18:11 -0700

nice tool. I like weichert gold services as well to help with this stuff. More info at www.yournjrealestate.com

Home for Life: Inman Connect and RE Bar Camp in July

Home for Life — Mon, 07 Jul 2008 14:33:53 -0700

I'm really looking forward to Inman this year. See you in a couple of weeks!

Jim Johnson: Inman Connect and RE Bar Camp in July

Jim Johnson — Sat, 05 Jul 2008 08:16:54 -0700

Great Blog! I have been selling real estate in Bend Oregon since 1981 and find it refreshing to find a helpful blog like yours! Keep up the good work!

www.bendoregonrealestateexpert.com

Mike: Inman Connect and RE Bar Camp in July

Mike — Thu, 03 Jul 2008 10:32:33 -0700

Thanks Daniel! See you there! And congrats on the new gig with Inman. Brad's really hiring for power...

Daniel Rothamel, Inman Community Manager: Inman Connect and RE Bar Camp in July

Daniel Rothamel, Inman Community Manager — Thu, 03 Jul 2008 10:05:34 -0700

I can't wait to see you guys in San Francisco. RE Barcamp is going to be awesome, and I am sure your panel is going to rock!