Dempsey Development & Brokerage

Downingtown: Building For Sale: over 6,000 SF of shop space, landscaper, tree service, manufacturer, great headquarters for a growing small business. Contact our office for a tour of the space

Last week the economic data were decidedly mixed. The leading economic indicators, Chicago Fed National Activity Index, existing home sales, mortgage applications and the Architectural Billing Index were all negative to neutral. However, the Kansas City Fed Manufacturing index and the US PMI Manufacturing Index were both very positive as were existing home inventory numbers. The takeaway, the recovery is intact but weaker due to poor single-family construction activity. Elliot F. Eisenberg, Ph.D. GraphsandLaughs, LLC

Rather than waiting to pass housing finance reform, which is impossible, why not merge Fannie and Freddie in the meantime? Both firms do the same things -- buy loans and securitize them -- are regulated by the same agency, are in receivership, are undercapitalized, and are owned by the same entity, you and me! Merging them would result in reduced administrative and regulatory expenses and increase liquidity of the merged firms' bonds. Elliot F. Eisenberg, Ph.D.

This happens to be an asset class that we have already acquired in 2013. There is, and will continue to be, a demand in the fixed income space which will drive demand of affordable housing. The fact remains that there is a huge demand for affordable housing. There are only so many people that can afford to pay $2-$2.50 per sf of rents for traditional multifamily. We believe that we are "pre-2005" right now in the multifamily sector. MHC is the way to go.

I firmly believe this article to be untrue and inaccurate.

Dempsey Development & Brokerage is proud to announce the closing of 72 acres in Hatfield Montgomery County. Sale Closed for $7.3mm

BREAKING NEWS: Toyota Pulls Headquarters Out of CA

We are very much on this as a company http://www.globest.com//Avison-to-Market-Six-Building-Nati

Two caveats from last Friday's decent labor report. First, rising temp employment, formerly a leading indicator of full-time employment, is no longer. Since 4/10, the number of temp workers is up 58%, while overall employment growth is up 7.8%. Second, at 3.7 million, the long-term unemployed are 36% of all unemployed and at the current rate of decline, it'll take four more years for their ranks to return to normal. Elliot F. Eisenberg, Ph.D. GraphsandLaughs, LLC

I have to say that I have avoided posting items related to Multifamly frothiness but this takes the cake.

Current market trends for residential sales is a positive sign for commercial land sales. Home Builders are returning to the market but are lenders ready?