Thia article discussed the relationahip between housing starts for single family homes and those for multi-family units. The multi-family market is much healthier than the single family home market. Multifamily Housing Starts in 3Q Do Not Fall as Precipitously as Single-Family’s Published: October 22, 2008 By Anuradha Kher, Online News Editor for Multi-Housing News New York–While single-family housing starts tumbled a whopping 12 percent to an annual rate of 544,000—the lowest since February 1982 and the fourth-lowest ever—third-quarter multifamily housing starts remained relatively high at 273,000, as compared to its […]

Commercial Real Estate Debt Still Expanding From FeedBlitz – 10/1/08 The CMBS market may be frozen, but the level of outstanding commercial real estate debt continued to expand during the second quarter. Commercial and multifamily mortgage debt outstanding rose 1.5% in the second quarter, to $3.44 trillion, the Mortgage Bankers Association reports, based on an analysis of the Federal Reserve Board Flow of Funds data. Amid the current credit crunch turmoil, commercial and multifamily mortgage debt outstanding gained $51.3 billion from the first quarter of 2008. Multifamily mortgage debt outstanding […]

Bailout Will Take Time to Have Impact Published: October 07, 2008 By Anuradha Kher, Online News Editor, Multi-Housing News New York–Days after the $700 billion financial bailout package was signed into law, the stock market continued to tumble. In the longest losing streak since January, U.S. stocks fell for a fifth day today. Meanwhile, the Fed is now considering new actions to do some more damage control in the financial system. The Fed said in a statement this morning that it would begin to buy large amounts of short-term debt […]