On Friday I taped an interview with Christine Romans, host of CNN’s Your Money on the housing recovery and why rising mortgage rates aren’t necessarily a bad thing. She’s a very engaging interviewer – plus it’s always fun to visit the studio.
This clip captures a large part of the interview – there were three more Q&A volleys on the televised broadcast omitted in this clip – they’ll be airing them in other segments.
Just catching up here on Matrix – had a great visit with Christine Romans on CNN’s Your Money a week ago. Also go to meet Rana Foroohar, Assistant Managing Editor at Time Magazine (sitting next to me but not in the clip) who interviewed me for her column “The Housing Mirage. Good stuff.
Ali Velshi does a great recap on various elements of the economy including what I call “happy housing news.” CNN brought in both Chris Mayer of Columbia University and me to poke holes in it and talk “what if.” Chris and I were nearly identical in views, but I was tagged as the more negative because I hate the use of the word “recovery” to describe the current state of the market. I prefer “stabilized” or “recovering” over “recovery” since we haven’t dealt with the excess distressed sales and tight credit yet which is what is perversely driving up prices.
We taped this on Wednesday and it aired yesterday at 1pm and will air again today at 3pm. Ali tackles energy, manufacturing, the economy in addition to this housing segment. My friend Dan Gross of Newsweek/Daily Beast was in the economy segment and we got to catch up in the Green Room.
The taping was a two-fer for me – I got to meet Ali, a take-no-prisoners media personality who lays things out with great clarity. Plus I got to meet Chris, one of the sharpest minds in real estate policy. All-in-all, fun!
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About Jonathan Miller
Jonathan Miller is President and CEO of Miller Samuel Inc., a real estate appraisal and consulting firm he co-founded in 1986. He is a state-certified real estate appraiser in New York and Connecticut, performing court testimony as an expert witness in various local, state and federal courts. He holds the Counselors of Real Estate (CRE) and Certified Relocation Professional (CRP) designations. He is an Appraiser “A” Member of the Real Estate Board of New York and a member of Relocation Appraisers and Consultants, Inc. Learn More...
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“A combination of Godzilla, King Kong, and Hurricane Katrina all wrapped up in one as he wreaked havoc on the housing market.”–New York Sun
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“Jonathan Miller is 'one of the most important people in real estate.'”–Elizabeth Ann Stribling-Kivlan, President, Stribling & Associates
“Renowned appraiser and [Matrix] real estate blogger, Miller is a statistical wizard. Can dodge bullets in slow-mo.”–Real Estate Tomato
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“Jonathan Miller is the most trusted (and quoted) man in New York real estate.”–New York Observer
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“Jonathan Miller, the appraiser who is the savviest observer of the local residential market.”–Crain’s New York Business
“Miller Samuel CEO Jonathan Miller holds the key to the luxury real estate market.”–Deirdre Bolton, Anchor, Fox Business
“New York real estate maven Jonathan Miller.”–Slate
If this market report slash appraisal thing doesn’t work out, I’ll go into graphic design with a focus on charts. The New York Post asked me to whip up a chart for them. They change the fonts to make it… Read More