In the News

Dr. Richard Green, Director of the USC Lusk Center for Real Estate, is quoted in the June 26, 2009 edition of U.S. News & World Report

Principal Writedowns Make for Better Loan Modifications - But Nobody Does it
U.S. News & World Report
By Luke Mullins

Dr. Richard Green, Director of the USC Lusk Center for Real Estate, is quoted in the June 27, 2009 edition of the Los Angeles Times

Mortgage forgiveness may be next
Los Angeles Times
By Tom Petruno

...Government and private-lender attempts to stem the home foreclosure crisis so far have mostly focused on loan modifications or refinancing - giving borrowers a temporary or permanent reduction in their monthly payments. But some housing experts say the next wave of help will have to address the core problem for many homeowners: negative equity...

Dr. Delores Conway, director of the Casden Real Estate Economics Forecast at the USC Lusk Center for Real Estate, is quoted in the July 1, 2009 edition of Investor's Business Daily

Housing's Tsunami Hasn't Sunk Prices in L.A. Beach Cities
Investor's Business Daily
By Scott Stoddard

...Anyone hoping to snap up oceanfront properties for a song in prime Los Angeles beach communities better not hold their breath even though prices in surrounding areas have collapsed...

Dr. Delores Conway, director of the Casden Real Estate Economics Forecast at the USC Lusk Center for Real Estate, is quoted in the July 5, 2009 edition of United Press International

Recession turns LA into renter's market
United Press International

...A depressed real estate market has turned Los Angeles County into a haven for renters seeking deals and discounts, industry observers say...

Dr. Delores Conway, director of the Casden Real Estate Economics Forecast at the USC Lusk Center for Real Estate, is quoted in the July 5, 2009 edition of the Los Angeles Times

Vacancies give renters room to negotiate
Los Angeles Times
By Lauren Beale

...L.A. County's vacancy rate rose to 5.3% in the first quarter. As more Southland apartments go empty, property owners are more willing to negotiate lease details...

Dr. Richard Green, Director of the USC Lusk Center for Real Estate, is quoted on July 7, 2009 on 89.3 KPCC online

Surge in foreclosures may be on the horizon
89.3 KPCC online
By Patt Morrison

...Richard Green of USC's Lusk Center for Real Estate says many mortgage borrowers are struggling for two reasons:

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