San Francisco Chronicle: If you missed out on housing credit, don't fear
Dr. Richard Green, Director of the USC Lusk Center for Real Estate, is quoted in the October 27, 2009 edition of the San Francisco Chronicle
Dr. Richard Green, Director of the USC Lusk Center for Real Estate, is quoted in the October 27, 2009 edition of the San Francisco Chronicle
Dr. Richard Green, Director of the USC Lusk Center for Real Estate, radio interview with 89.3 KPCC Southern California Public Radio
Delores Conway, Director, Casden Forecast, University of Southern California talks about unemployment, recovery, and how it will be some time before we see job creation with MarketWatch's Stacey Delo.
Dollar dips further as Fed commits to low rates
MarketWatch, Nov.
The Senate has extended tax credits for first-time home buyers, due to expire November 30, as part of plan to combat high rates of unemployment. Current homeowners would also be eligible for a $6,500 credit when buying a new residence.
Come join USC & Ross Alumni, as well as Real Estate Practitioners, to kick off the 2009 Fall Bay Area Ross Program!
November 17, 2009 | 6:00 pm – 8:00 pm
Hosted by Orrick, Herrington & Sutcliffe LLP
405 Howard Street, 10th Floor
San Francisco, CA 94105
Keynote Presentation:
William O'Donnell, SVP Capital Deployment, Europe & Asia, AMB Property Corporation
Please RSVP to dawnsant@usc.edu by Friday, November 13th.
The Bay Area Ross Program sponsored by the Bay Area Council.
On Monday numbers were released on U.S. existing-home sales, showing that they've surged about 25% from January through September of this year-good news, right? On Wednesday new-home sales figures will be released, and they're expected to continue to drop (the Commerce Dept. already announced that new-home construction sank 10.6% in October)-bad news, right? Throw in generally stabilizing home prices mixed with an expected jump in foreclosures and we have one seriously clouded picture of the U.S. housing market.
Home prices in 20 major cities are up for the 4th straight month. Nearly 1 in 4 homeowners owe more on their homes than they are worth. In Nevada 65 percent of mortgages are underwater.
Stan Ross, Chairman of the Board of the USC Lusk Center for Real Estate and Distinguished Fellow was quoted in the October 1, 2009 edition of Mortgage Banking