Wednesday, October 19, 2011

Northern Virginia Bits Bucket 10/19/2011

Please post your local house search updates, MLS finds, on-topic ideas, and links here.

Posted by Harriet at 10:12 AM

8 comments:

Mike said...

"The rising pressure to control federal spending is beginning to take a toll on Washington landlords."

"The Washington region's office market in the third quarter registered its worst performance since late 2009, a sharp contrast to a boom the area saw throughout 2010."

"Washington, in terms of commercial real estate, has been quote-unquote recession proof. It may be becoming less so at the moment."

"Washington . . . was the envy of landlords in most other cities through much of the recovery. Even when times were rough after the economy turned in 2008, Washington managed to escape with fewer scars than most other cities—likely aided by increased federal spending—and then roared back to be the best-performing office market in 2010."

"The region currently has the lowest vacancy rate of 79 metro areas tracked by real-estate research firm Reis Inc., although it was one of 19 that saw vacancy rise last quarter."

http://online.wsj.com/article/SB10001424052970204450804576625353148476150.html?mod=WSJ_RealEstate_MIDDLETopNews#printMode

10/19/11, 1:20 PM  
Va_Investor said...

????????

10/19/11, 1:25 PM  
The Anonymous said...

News from this AM...after a 2 year abscence, it looks like all the social security beneficiaries are getting a cola increase of 3.6%

http://news.yahoo.com/social-security-recipients-3-6-percent-more-134252817.html

And on the same day, BLS reports inflation coming in at 3.87%, and CPI coming in at the highest number in recorded human history

http://www.inflationdata.com/Inflation/Consumer_Price_Index/HistoricalCPI.aspx

Man! Today must be a real kick in the nuts to the deflationists out there!!!

10/19/11, 4:59 PM  
David said...

The Anonymous said...
"News from this AM...after a 2 year abscence, it looks like all the social security beneficiaries are getting a cola increase of 3.6%

http://news.yahoo.com/social-security-recipients-3-6-percent-more-134252817.html

And on the same day, BLS reports inflation coming in at 3.87%, and CPI coming in at the highest number in recorded human history

http://www.inflationdata.com/Inflation/Consumer_Price_Index/HistoricalCPI.aspx

Man! Today must be a real kick in the nuts to the deflationists out there!!!"

If Bernanke didn't take rates to zero and have QEI and QEII we would have had massive deflation and contrarian would have been right. However, he did and contrarian has be wrong and will likely continue to be wrong with his deflation predictions.

10/19/11, 8:58 PM  
housebuyer said...

David-

I fully agree with your comments. I also think that the inflation rate will likely fall from almost 4% to ~2% over the next year. This year had a lot of major things impact oil/food including Libya wars and some of the worst droughts/floods in history. So I think this will help bring down the inflation rate, but I think we will continue to see inflation and record prices.

I think the Fed wants some inflation, because it allows them to have negative real rates, which help our country public/private sectors handle their debt problems much more easily than high real rates.

10/20/11, 9:18 AM  
pat said...

we have schiz flation.

Housing continues declining, but,
rents are now inching up and energy and food are way up. Electronics are down.

10/20/11, 9:39 AM  
Ace said...

Electronics will almost always go down (until labor can negotiate better pay in China), because technological advances typically reduce production costs. This enables manufacturers to offer products at lower prices, and this is still a competitive industry.

10/20/11, 2:57 PM  
dc2 said...
This comment has been removed by the author.
10/21/11, 5:56 PM  

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