Research Center
Economy Watch: Blizzard Puts Crimp in Northeast Retail Sales
The recent East Coast blizzard kept about $1 billion at home with consumers, and the number of delinquent residential borrowers who started mortgage modifications dropped in 3Q10.
PODCAST: Economy Watch Weekly
Economy Watch reporter Dees Stribling offers his weekly insight into the top economic news in commercial real estate.
Economy Watch: Mortgage Modifications Still Slow Slogging
The government’s Making Home Affordable Program saw 30,000 homeowners receive permanent mortgage modifications in November. However, the program has also seen a 54 percent dropout rate.
PODCAST: Economy Watch Weekly
Economy Watch reporter Dees Stribling offers insights into the top economic news in this newly launched weekly feature on MHN and CPE Radio.
Economy Watch – California Incentivizes Green Rooftops
Gov. Arnold Schwarzenegger was busy over the weekend signing off on policies that could have an impact on green real estate development. Among other things, he signed a memorandum of understanding with U.S. Secretary of the Interior Ken Salazar to expedite the siting of California renewable energy projects, thus making California the first state to do so. The memorandum commits the federal government to work with California to review and approve renewable energy applications in the state.
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