Knowledge@W.P. Carey June 17, 2009 – 2 articles of interest:1.  ASU-RSI: Beginning of the End of Price Plunge? -  Sales data from March indicate that a trend change in housing prices might be underway in the beleaguered Phoenix metro market. According to the ASU-RSI (Arizona State University-Repeat Sales Index), prices [...]

[Read more →]

      Feet Dragging: Top Banks Stalling Foreclosures to Reap Gains – … Our friend David Proman at boutique investment management fund Kore Advisors LP responds to the Wall St. Journal article. Mr. Proman questions whether the banks’ excuse is valid, and he points out the underlying competing interests at hand: [...]

[Read more →]

  How to prevent banks from becoming too big to fail? Simple. Raise their minimum capital standards as they grow. Vernon Hill explains at bankstocks.com ————FHA & MIs:  The Next Housing Crisis Is Brewing – By Matt Koppenheffer – Think we’re beyond the days of people putting little-to-nothing down [...]

[Read more →]

  Two blonds are facing each other across a large river.  One cries out to the other, “How can I get to the other side?”  The other responds, “Duh, you ARE on the other side!” Are we on the “other side” when it comes to the housing market? Not according to a Harvard [...]

[Read more →]