News Alerts, Sept. 15, 2013, Evening Edition, #RealEstate +

Linking ≠ endorsement. Enjoy and share:

  1. 11 Ways to Finance Commercial Real Estate Energy Retrofits | CCIM Institute

    According to the U.S. Department of Energy, commercial buildings account for 35 percent of U.S. (and 40 percent of global) electricity consumption. Most commercial real estate professionals accept that energy efficient buildings can, and do, impact the value of the underlying asset. Notwithstanding this recognition, existing commercial buildings on average spend 30 percent of their budgets on operating costs and account for close to 20 percent of all global carbon emissions. While they understand the benefits, the challenge for most commercial real estate owners and operators is not whether to implement energy efficient retrofits, but rather how to pay for or finance such improvements. The following list is a basic primer of ways to finance these types of retrofits in commercial real estate space.

    Read the source article … http://www.ccim.com/cire-magazine/articl es/323112/2013/07/11-ways-finance-commer cial-real-estate-energy-retrofits


  2. Statement from Auction.com Research Topic: August Sector Unemployment Report [Maximus Advisors Employment Acceleration Index]

    The Maximus Advisors Employment Acceleration Index further underscored the weakness by sliding into negative territory. The index had slid from 8.7 in June to 3.2 last month [July], before falling to -19 this month [August]. The index measures the breadth of growth across the economy and its earlier slide warned of the subsequent weakness we are now seeing in the headline payroll figure.

    Read the source article … http://us1.campaign-archive2.com/?u=9e56 49e9744d874916bb930fe&id=1b4b279ede&e=9d 90498e98


  3. FX carry trade losses worse than 2008 /Euromoney magazine

    Worse than 2008:

    The tapering-inspired exodus of capital from fixed income and equity markets has forced down emerging market currency yields, killing the high-yield trade and leading to a massive unwind of currency positions, according to currency traders on both sides of the Atlantic.

    Most of these players are now nursing substantial FX losses from a brutal summer, which has seen some of the key carry trade underpinnings massacred. Some managers say this year's losses are worse than those suffered during the financial crisis.

    "The unwinds of the summer put the carry trade losses of 2008 into perspective," says Robert Savage, chief strategist at FX Concepts, a currency-focused hedge fund. "The downside move has been ferocious and bigger than anything we saw during the financial crisis. Year-to-date, the 30 or so currencies that are used in the carry trade are down 33%."

    Read the source article … http://www.euromoney.com/Article/3250151  /FX-carry-trade-losses-worse-than-2008. html


  4. Why Housing Markets With Booming Prices Haven't Fully Recovered – Forbes

    Why are builders building less in markets where investors and other buyers are pushing up prices most? The key driver of this past year's price rebound was the earlier price crash: markets with the biggest price drops during the bust tend to have the sharpest price gains today, in part because they've attracted investors and others looking to buy at low prices. Builders, however, don't want to build where there are already bargain homes for sale. They're betting instead on markets that had milder housing busts, less overbuilding during the boom, and therefore lower vacancy rates today. In short: investors have their eye on Las Vegas and Atlanta, but builders prefer Houston and Boston. Only when construction starts to approach normal levels will housing markets in price-boomtowns like Sacramento and Phoenix feel like they're back on steady ground.

    Read the source article … http://www.forbes.com/sites/trulia/2013/ 09/05/price-rent-monitors-aug-2013/


  5. U.S birth rate falls to record low – Sep. 6, 2013

    The following obviously impacts future housing needs.

    Falling birth rates can be considered a challenge to future economic growth and the labor pool.

    "If there are fewer younger people in the United States, there may be a shortage of young workers to enter the labor force in 18 to 20 years," said University of New Hampshire demographer Kenneth Johnson. "A downturn in the birth rate affects the whole economy."

    It takes 2.1 children per woman for a given generation to replace itself, and U.S. births have been below replacement level since 2007.

    Read the source article … http://money.cnn.com/2013/09/06/news/eco nomy/birth-rate-low/index.html


  6. This is Not Your Father's Emerging Markets Crisis | The Financialist

    It does seem like it's déjà vu all over again. As emerging market governments burn through their foreign exchange reserves in an effort to support local currencies in the midst of massive capital outflows, the headlines are eerily reminiscent of the 1990s or early 2000s. Say, for example, in 1991, when India had to fly its entire gold reserve pile to London as collateral for a loan. Or in 2001, when a debt crisis, capital flight and a bank run forced Argentina to freeze domestic bank accounts and default on its international debt. But is today's news just a replay of crises past? Not in the slightest, says Robert Parker, a senior adviser to Credit Suisse and a member of the bank's Investment Committee.

    "Not in the slightest"?

    Read the source article … http://www.thefinancialist.com/this-is-n ot-your-fathers-emerging-markets-crisis/


If you are an investor in 1-4 unit properties in Arizona, California, Nevada, Oregon, Utah, or Washington, please do the financially responsible thing and make sure you have proper Landlord Insurance with PropertyPak™. We love focusing on real estate and the economy in general, but we are also here to serve your insurance needs.

Hill & Usher (PropertyPak™ is a division) has many insurance offerings. See our menu above for more info and links.

Did this post help you? Let us know by leaving your comment below.

Note: This blog does not provide legal, financial, or accounting advice. Seek professional counsel.

Furthermore, we, as insurance producers, are prohibited by law from disparaging the insurance industry, carriers, other producers, etc. With that in mind, we provide links without staking out positions that violate the law. We provide them solely from a public-policy standpoint wherein we encourage our industry to be sure our profits, etc., are fair and balanced.

We do not necessarily fact checked the contents of every linked article or page, etc.

If we were to conclude any part or parts of our industry are in violation of fundamental fairness and the legal standards of a state or states, we'd address the issue through proper, legal channels. We trust you understand.

The laws that tie our tongues, so to speak, are designed to keep the public from losing confidence in the industry and the regulatory system overseeing it. Insurance commissioners around the country work very hard to analyze rates and to not allow the industry to be damaged by bad rate-settings and changes in coverages. The proper way for people in the industry to deal with such matters is by adhering to the laws, rules, and regulations of the applicable states and within industry associations where such matters may be discussed in private without giving the industry unnecessary black eyes. Ethics is very high on the list in the insurance industry, and we don't want to lose the people's trust. That said, the industry is not perfect; but what industry is?

For our part, we believe in strong regulations and strong regulators.

We welcome your comments and ask you to keep in mind that we cannot and will not reply in any way or ways where any insurance commissioner could rightly say we've violated the law of the given state.

We are allowed to share rating-bureau data/reports and industry-consultant opinions but make clear here that those opinions are theirs and do not necessarily reflect our position.

Subscribe