Archive for September, 2008
Posted in September 30th, 2008
It’s Case-Shiller release day today, and once again the MSM is breathlessly reporting the data as generally offering yet further proof that the real estate related financial world is teetering on the brink of total collapse.
Here’s the take home quote right out of the S&P press release this morning –
During the 1990-92 cycle the record […]
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Posted in September 30th, 2008
One of the most interesting metrics from yesterday’s roller coaster ride in our minds was the almost absurd bump in the LIBOR rate.
There’s been a fair amount of commentary on the financial blogs and news sites, but very little in the MSM.
Here’s one of the more interesting quotes making the rounds today-
“The money markets have […]
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Posted in September 30th, 2008
Economic development updates for Baton Rouge covering recent months include:
Tyson and Syntroleum recently created a joint venture called Dynamic Fuels, designed to make renewable fuel from inedible fats and grease. The company is building their first synthetic fuel facility in nearby Geismar. Construction is scheduled to begin in October, with the first phase of construction […]
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Posted in September 30th, 2008
Economic development updates for Bend covering recent months include:
Integrated Environmental Technologies recently relocated their headquarters to Bend. The company has developed technology to convert waste into clean fuels. The company is also considering opening a new R&D facility in Bend.
Technorati Tags: bend business news
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Posted in September 30th, 2008
It’s time once again in our Daily Data Discussion to look at median home prices, and today we’ll start by looking at the markets in our database with the highest median single family home prices in the country.
For those who see the word “median home price” and immediately have an impulse to email us and […]
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Posted in September 30th, 2008
“Let us be thankful for the fools; but for them the rest of us could not succeed.” – Mark Twain
Technorati Tags: Redfish Quote of the day
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Posted in September 29th, 2008
We’re putting the finishing touches on this month’s edition of The Emerging Market Report, our residential real estate newsletter focusing on emerging / recovering market fundamentals from our team here at Redfish Emerging Markets….
Here’s the lineup for the October issue –
Multifamily Feature: Seniors and the Multifamily Investor
Multifamily Market Review and Rankings
Multifamily Brokers’ View: Raleigh-Durham
Single Family […]
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Posted in September 29th, 2008
The team here at Redfish Emerging Markets is pleased to note that the next release of the Homeowners’ Market Fundamentals Index is scheduled for Wednesday morning this week, the first of October.
We feel very strongly that the time has come to change the context of the discussion in looking at housing and the eventual recovery […]
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Posted in September 29th, 2008
We’re back in the office this morning after some time on the road yesterday and early today, and as you have we’ve been attending the news on the bailout vote all morning.
It’s just broken that the House voted down the bailout as written just in the past few minutes – the Dow came off over 680 […]
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Posted in September 29th, 2008
Last Friday we took a look at the markets around the country with the highest percentages of their total workforce employed in the service sectors; today we’ll take a look at the markets with the lowest.
An interesting aside about last Friday’s data – the top three markets in last Friday’s list, all in Texas, are […]
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Posted in September 29th, 2008
“Success is never final and Failure never fatal. It’s courage that counts.” – George F. Tilton
This quote is also often attributed to John Wooden, the great basketball coach of the UCLA Bruins. If you’ve not read his book, it is a worthy read and has a great theme of maximizing your potential.
Technorati Tags: Redfish quote […]
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Posted in September 27th, 2008
The nation has lost a great contributor today – Paul Newman; he passed away at home surrounded by family and friends.
What a great contributor in the arts, but an even more significant contributor through his health related charities – Hole in the Wall Camps. Over $250 million in after tax proceeds have been donated over […]
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Posted in September 27th, 2008
Jeff Deboer, president and CEO of the real estate round table, has written a pointed call to action today in a WSJ piece calling for a rapid and rationale end to the rising panic gripping the financial markets.
Why a link here? We agree with his pitch that commercial real estate (including multifamily) has been an […]
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Posted in September 27th, 2008
“One man with courage makes a majority.” – Andrew Jackson
Technorati Tags: Redfish quote of the day
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Posted in September 26th, 2008
Today’s WaPo offers a good article written by Neil Irwin and Cecilia Kang titled “Away from Wall Street, Economists Question Basis of Paulson’s Plan”.
Here’s one of the quotes we found more interesting….
But almost 200 academic economists — who aren’t paid by the institutions that could directly benefit from the plan but who also may not […]
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