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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“Jonathan Miller: One of the top 25 most influential U.S. real estate bloggers.”–Inman News
“Jonathan Miller is 'a complete pro, a shining star in the real estate industry.'”–Donna Olshan, President, Olshan Realty Inc.
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“Jonathan Miller is well-known for taking the pulse of Manhattan real estate.”–PBS Nightly Business Report
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“Jonathan Miller is an incredible real estate analyst, a true Rockstar on NYC metro luxury markets.”–Ivy Zelman, CEO, Principal, Zelman & Associates
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“"Between the Bricks" Columnist gives a 2016 Data Brick to Jonathan Miller for keeping the industry honest.”–Lois Weiss, New York Post
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“Jonathan Miller...Manhattan’s most revered independent appraisers of residential property.”–Daily Telegraph (UK)
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“Then there is Miller’s authority in residential appraisals.”–Reuters
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“His quarterly reports on the New York City-area market is considered required reading among real estate professionals.”–Reuters
“His market reports are to the Manhattan housing market what those brackets are to the NCAA Tournament.”–New York Observer
“JM makes real estate stats talk in language that normal people understand.”–Teri Rogers, Brick Underground
“Jonathan Miller, the go-to expert on all residential real estate figures.”–Crain’s New York Business
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“Jonathan is a legend, one of the most quoted appraisers and experts in the industry.”–Dottie Herman, President and CEO, Douglas Elliman
“Jonathan Miller is one of the icons of the real estate industry.”–Real Estate Board of New York
“Miller’s more than 20 years of real estate experience comes out in this no-nonsense blog.”–Seeking Alpha
“If New York real estate is a sport, one of its most prominent score keepers is Jonathan Miller.”–New York Daily News
For those of you that read my weekly Housing Notes, you’ll know I refer to 2014 as “Peak New Development” for the Manhattan housing market. “Peak Luxury” works as a label too. Bloomberg news broke the story that a $50M+… Read More