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Posts Tagged ‘Radio’

[Eye on Real Estate] WOR NewsTalk Radio 710 June 19, 2010

June 21, 2010 | 12:37 am | | Public |

For each week’s Eye on Real Estate Show on WOR NewsTalk Radio 710, we include a segment called “The BlogCast” where I discuss several housing related (sometimes a stretch) posts from some of my favorite blogs. They cover topics that are current, funny or simply a “must read”.

Saturday’s BlogCast covered the following blog posts:

[The Real Estate Bloggers] The Watergate Hotel Sold To European Investment Group For many of us, the term Watergate brings back bad memories of politicians gone bad. We forget that the scandal is named after the Watergate Complex, a group of 5 buildings near the John F. Kennedy Center for the Performing Arts. The hotel that was attached to the complex failed in 2007 but was purchased yesterday by a European real estate management company. They plan on returning the hotel to it’s former glory while keeping the option of turning some of the rooms into condos if the market will accept it.

[Straight Talk About Mortgages] Lending Rule #101 – Don’t Loan Money to People Who Can’t Pay It Back… Duh, it’s all about common sense. People who can’t pay it back shouldn’t get the loan in the first place…

[ST Paul Real Estate] Should I take the fridge? I got a call last week from a woman who is being foreclosed upon and there isn’t anything she can do about it at this point…She wanted to know if she had to leave her appliances behind when she left her home. She told me that they are fairly new and that she would like to keep them.


If you missed this past Saturday’s show or any prior show, you can listen to the podcast at any time or subscribe to it for free via iTunes to always get the latest show delivered automatically to your computer or handheld device. My Blogcast is usually in the first hour of the show.

Listen to the most recent Eye on Real Estate podcast.

Subscribe to the free weekly Eye on Real Estate podcast.

Become a fan on Facebook.

Or visit the Eye on Real Estate Website.


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[Eye on Real Estate] WOR NewsTalk Radio 710 June 12, 2010

June 14, 2010 | 10:40 am | | Public |

For each week’s Eye on Real Estate Show on WOR NewsTalk Radio 710, we include a segment called “The BlogCast” where I discuss several housing related (sometimes a stretch) posts from some of my favorite blogs. They cover topics that are current, funny or simply a “must read”.

Saturday’s BlogCast covered the following blog posts:

[City Room/NYT] Life Costs More Here, Unless You’re Hiring In both Boston and the San Francisco Bay area, the average worker receives more in wages and benefits than does the typical worker in the New York metropolitan area, according to figures released this week by the federal Bureau of Labor Statistics. Boston and San Francisco are also the only big American cities where the cost of providing health care, year-end bonuses and other benefits is higher than it is in New York, the numbers show…

[Naked Capitalism] RealtyTrac: Most foreclosures have positive equity Of all of the foreclosures in the RealtyTrac online database, less than 50% have mortgages worth less than what is owed, said Rick Sharga, senior vice president at RealtyTrac, during a session at REO Expo, which concludes in Dallas Wednesday…

[Sienna Research Institute] 4.7% of New Yorkers Want To Buy, Most Since Lehman Tipping Point Ok, so this isn’t really a blog, but it pertains to the listening area and I covered it here on Matrix. 4.7% of consumers in the state plan to buy a home this year, compared with just 3.4% in April and 3% in May 2009. As good as it is, the latest reading is still far shy of the three-year high set in June 2007, when 5.6% of New Yorkers said they wanted to buy. Conversely, in January 2009, at the lowest ebb in the last three years, a mere 2.2% said they would buy a home.


If you missed this past Saturday’s show or any prior show, you can listen to the podcast at any time or subscribe to it for free via iTunes to always get the latest show delivered automatically to your computer or handheld device. My Blogcast is usually in the first hour of the show.

Listen to the most recent Eye on Real Estate podcast.

Subscribe to the free weekly Eye on Real Estate podcast.

Become a fan on Facebook.

Or visit the Eye on Real Estate Website.


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[Eye on Real Estate] WOR NewsTalk Radio 710 June 5, 2010

June 5, 2010 | 9:59 pm | | Public |

For each week’s Eye on Real Estate Show on WOR NewsTalk Radio 710, we include a segment called “The BlogCast” where I discuss several housing related (sometimes a stretch) posts from some of my favorite blogs. They cover topics that are current, funny or simply a “must read”.

Saturday’s BlogCast covered the following blog posts:

[Ezra Klein/WaPo] On jobs, watch the trend A lot of us have the tendency to look at each new month as a wholly separate slice of data and celebrate if it looks good and fret if it looks bad…So far this year, we have averaged about 100,000 new jobs each month with that rising to nearly 140,000 over the past three months. That is what many of us had expected when we talked about modest to moderate job growth this year.” In other words, “the trend is your friend.”

[Extraordinary Observations] Where the Smart People Live It’s becoming increasingly accepted that there is real economic value to bringing a lot of smart and entrepreneurial people together in the same place…The theory that there is economic value to having smart people together rests on the assumption that smart people collaborate with each other. Conclusion: smarter people live in areas with higher cost housing – but it sounds dumb, no?

[Curbed] New Identities Pitched for Troublesome Hudson Square Manhattan is famous for Manhattan neighborhood acronyms. SOHO, NOHO, TRIBECA, NOMAD, FIDI and MEPA How do you solve a problem like West Soho? Or is it the Lower West Side? Or Hudson Square? Whichever neighborhood name you choose, one thing’s clear: None are catchy enough to stick in the minds of tourists. Suggestions include North of the Holland Tunnel: “NoHoTu” and my favorite suggestion was Holland Tunnel Approach: “HoTunA”.


If you missed this past Saturday’s show or any prior show, you can listen to the podcast at any time or subscribe to it for free via iTunes to always get the latest show delivered automatically to your computer or handheld device. My Blogcast is usually in the first hour of the show.

Listen to the most recent Eye on Real Estate podcast.

Subscribe to the free weekly Eye on Real Estate podcast.

Become a fan on Facebook.

Or visit the Eye on Real Estate Website.


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[In The Media] Bloomberg Radio The Hays Advantage 12:30pm

June 2, 2010 | 9:15 am | | Public |

Just a bit of house cleaning…err NAR’s Pending Home Sales Index being released at 10am this morning.

I’ll be on The Hays Advantage show with Kathleen Hays on Bloomberg Radio talkin’ pending home sales (contracts) today at 12:30 on AM1130, XM channel 129 or SIRIUS channel 130.

Always enjoy being on her program.


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[Eye on Real Estate] WOR NewsTalk Radio 710 May 29, 2010

May 31, 2010 | 9:21 pm | | Public |

For each week’s Eye on Real Estate Show on WOR NewsTalk Radio 710, we include a segment called “The BlogCast” where I discuss several housing related (sometimes a stretch) posts from some of my favorite blogs. They cover topics that are current, funny or simply a “must read”.

Last Saturday’s BlogCast covered the following blog posts:

[Gothamist] Where’s The City’s Worst Cell Service? The best cell phone service can be found in the Lincoln Tunnel, which sees the fewest dropped calls. The worst spots include the Cross Bronx Expressway, along the river on the West Side Highway, Long Island City and Sunnyside in Queens, as well as part of the Upper East Side between 87th and 94th streets…

[Brick Underground] Hold that hotdog! 4 ways to rat-proof your patio before the other guests arrive A friend of ours lucky enough to live in a Chelsea apartment with a rear patio noticed she had company this spring: A gypsy contingent of rats was using her rear wall as a superhighway to the restaurant next door, occasionally detouring to her place for a refueling stop… This topic was timely given the weekend’s NYT/Real estate article on outdoor space.

[Credit Slips] How to Find the Owner of Your Mortgage Concerns continue about parties filing foreclosures when they do not own the note. Florida recently enacted a rules requiring plaintiffs in foreclosure to verify ownership of the note…


If you missed this past Saturday’s show or any prior show, you can listen to the podcast at any time or subscribe to it for free via iTunes to always get the latest show delivered automatically to your computer or handheld device. My Blogcast is usually in the first hour of the show.

Listen to the most recent Eye on Real Estate podcast.

Subscribe to the free weekly Eye on Real Estate podcast.

Become a fan on Facebook.

Or visit the Eye on Real Estate Website.


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[The Housing Helix Podcast] Dottie Herman, President and CEO, Prudential Douglas Elliman Real Estate

May 31, 2010 | 8:49 pm | | Podcasts |

I sat down with Dottie Herman, President and CEO of Prudential Douglas Elliman Real Estate to talk about her journey from certified financial planner to one of the most successful real estate brokers in the United States.  Dottie leads an organization of 3,800 real estate professionals and 675 employees in more than 60 offices.  Its a candid and insightful conversation, and of course, fun and energetic.

We spoke right after our live weekly radio show “Eye on Real Estate” on WOR710 that Dottie hosts on Saturdays from 10am to noon along with her team of experts (including moi).

Check out the podcast.

The Housing Helix Podcast Interview List

You can subscribe on iTunes or simply listen to the podcast on my other blog The Housing Helix.


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[Interview] Dottie Herman, President and CEO, Prudential Douglas Elliman Real Estate

May 31, 2010 | 8:40 pm | | Podcasts |

Read More

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[Eye on Real Estate] WOR NewsTalk Radio 710 May 22, 2010

May 24, 2010 | 10:03 pm | | Public |

For each week’s Eye on Real Estate Show on WOR NewsTalk Radio 710, we include a segment called “Jonathan Miller’s BlogCast” where I discuss several housing related posts from some of my favorite blogs. They cover topics that are current, funny or simply a “must read”.

Last Saturday’s BlogCast covered the following blog posts:

[The Curious Capitalist] The hidden changes in financial reform The Senate passed its financial reform bill. Huzzah! What did the Senate wind up with after three weeks of such intense lobbying and debate?…

[Trulia Blog] Trulia RealtyTrac Survey: American Attitudes Towards Foreclosure Today, Trulia.com and RealtyTrac released the latest results of an ongoing survey tracking home buyers’ attitudes towards foreclosures. The new online survey conducted on their behalf from May 10-12, 2010 by Harris Interactive® showed a notable decrease in consumers’ willingness to buy foreclosed properties compared to one year ago…

[WSJ/Developments Blog] U.S. Mortgage Delinquencies Appear to Level Off The number of American households behind on mortgage payments appears to be leveling off at a high level, a survey showed Wednesday… I also discussed the MBA confusion over the results in a great New York Times article.


If you missed this past Saturday’s show or any prior show, you can listen to the podcast at any time or subscribe to it for free via iTunes to always get the latest show delivered automatically to your computer or handheld device. My Blogcast is usually in the first hour of the show.

Listen to the most recent Eye on Real Estate podcast.

Subscribe to the free weekly Eye on Real Estate podcast.

Become a fan on Facebook.

Or visit the Eye on Real Estate Website.


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[In The Media] Bloomberg Surveillance March 12 7AM

March 11, 2010 | 7:55 pm | | Radio |


[click to open]

Friday Morning March 12, 2010 7:00 AM to 8:30 AM [TOMORROW]

Usually I post something AFTER I speak, but since I was invited to “guest co-host” (in title only since I’ll have no idea what I am doing) Bloomberg Surveillance tomorrow, I thought I’d give a head’s up. I’ll be on with Ken since Tom will be traveling.

Talking mortgages, housing, mods, short sales, foreclosures. Always fun to be in the studio.


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[In The Media] Bloomberg Radio/TV Housing Recovery May Take 3 to 4 Years

December 18, 2009 | 11:30 pm | | Public |


[click to play]

I was invited this morning to join Tom Keane and Ken Prewitt on their must listen to radio show Bloomberg Surveillance at 8am. I sat in for about 3/4 of an hour. Love this show – avid listener of their podcasts.

This time, they brought in a few cameras for a few minutes, mid-interview and cut in from the Bloomberg TV broadcast to join us. Fun!

Mentions during show
55 Sq Ft Apartment [NY Post]
Gotham: A History of New York City to 1898 [Amazon]

Show links
Listen to the show podcast [Bloomberg]
Watch the TV clip [YouTube]


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[FHFA] July 2009 Monthly House Price Index

September 22, 2009 | 4:38 pm | | Radio |

FHFA released its

July 2009 monthly housing price index report today which showed more of the same – month over month price increases (up 0.3% from June) and year over year decreases (down 4.2%).

Since OFHEO (pronounced O-Fay-O), I’ve been wondering how to pronounce FHFA and not be kicked out of Acronym Heaven (aka Washington, DC).

Kathleen Hays of Bloomberg Radio interviewed me today on her new show “The Hays Advantage” M-F 1-3pm EST and dubbed FHFA (Foo-FA). That works for me.

While it is encouraging news that the bottom isn’t falling out of the housing market, this index basically reflects the low to mid layers of the housing market since it is based on data from Fannie Mae and Freddie Mac, who only handle conforming mortgage products. Currently this means mortgages of $417,000 or less in most of the country and $729,750 in the handful of “high priced” housing markets. That is the market that is recovering first since it has a secondary investor market for bamnks to sell their paper too and ifree up their capital.

I find it a bit troublesome that, as we hang on the edge of our seats each month, the revisions for prior releases are all over the map. Last month, the month over month was 0.5% (6% annual) which was revised downward to 0.1% (1.2% annual). Still, the news is better than its been.

If you are a believer in trend lines, the following chart suggests we have about 10% more to go until the market reaches the trend broken circa 2001. That means that the sideways motion we are experiencing would have to change for the worse over the next several years. Factors could include more foreclosures, rising mortgage rates, elimination of first time home buyers tax credit, etc. While I am concerned, thats more bad karma than I can process.

Read the report.


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[NIMBY] Peter Schiff’s Predictions Met With Disdain, Yet Were Accurate

August 2, 2009 | 6:03 pm | Radio |

I try my best to keep an even keel on what I observe about our regional housing market – the benefit is it enables me to be criticized by more people as too negative and too positive. 😉

It’s been quite a fascinating year to observe how so many became so wedded to their original beliefs despite how much the world is changing around them.

This applies to TV pundits.

Here’s a few Peter Schiff clips that many of you may have seen, but its worth refreshing your memory. What is particularly interesting in this clip is the lack of content within any responses given by all those who disagreed with Schiff. Just disbelief, distrespect and misinterpretation of historical trends.

…such as Ben Stein’s description of the subprime problem as tiny, Arthur Laffer’s penny bet and and Mike Norman’s disrespectful tone and lack of understanding about bank underwriting and housing despite being a business radio host (his show was cancelled in 2009 and he blamed “Schiff and cockroaches who believed Schiff”) stand in stark contrast to reality.

While on this topic, I continue to have regular exchanges of emails with some real estate agents who suggest that Manhattan, Fire Island, The Hamptons, etc. (high end enclaves) are basically immune from the world’s economic problems because “They are an island, can’t be expanded, there’s nowhere like them, etc.”

Here’s a recent exchange:

As a real estate broker, I know what I see. I see Manhattan being an island, indeed. Once value was perceived, people began buying. I haven’t been happy about some of your negative statements, not because I am in denial but because I truly see a different reality.

This agent later told me in the exchange that their spouse was laid off and times are tough for everyone (but not their customers?).

Of course there are many agents who have adapted and have been successful in this market. It’s not about being more positive, it’s about helping customers navigate it and finding opportunity.


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