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Posts Tagged ‘Bloomberg TV’

[Video] Talking Housing, Case Shiller, on Bloomberg TV’s Surveillance 8-28-13

August 28, 2013 | 11:13 am | | TV, Videos |

I had a nice discussion with Tom Keene, Sara Eisen and Alix Steel, along with guest host Byron Wien, vice chairman of Blackstone Group LP’s advisory services on the state of US housing and the latest Case Shiller numbers.

More importantly, I’m still the mayor of Bloomberg TV’s Green Room on Foursquare.

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[Video] Manhattan’s tight non-luxury housing market on Bloomberg TV’s Market Makers 8-7-13

August 8, 2013 | 2:02 pm | | Radio |

Yesterday, Oshrat Carmiel’s real estate piece: Manhattan Homes Under $3 Million Never Harder to Buy hit the terminals and web site rising almost immediately to the most emailed and most read article of the day. The starting point for her article was based on my firm’s data – extracting the luxury market data from the overall market – to observe what’s happening to “non-luxury” real estate. I define luxury real estate as the top 10% of all sales prices in a period. This analysis looked at the remaining 90% and as it turns out – the Manhattan market is a lot tighter there.

I had a fun discussion with Erik Schatzker and Alix Steel about the “non-luxury” Manhattan market on their Bloomberg TV show “Market Makers.”

I also did an interview with Kathleen Hays and Vonnie Quinn on Bloomberg Radio’s “The Hays Advantage” and also used the data I compiled in my weekly column on Curbed covering the same topic.

As of today, the Bloomberg article is still the most read on Bloomberg worldwide. Apparently there is interest in the housing market beyond the super wealthy’s real estate exploits.

It was a busy day.

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[VIDEO] Manhattan’s Record Spring Market on Bloomberg TV’s Market Makers 7-2-13

July 2, 2013 | 6:52 pm | | TV, Videos |

I joined Erik Schatzker and Scarlet Fu to talk about our new market research piece released today covering the 2Q13 Manhattan sales market that we prepare for Douglas Elliman.

The Bloomberg TV long interview format is absolutely fantastic.

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Talking Case Shiller on Bloomberg TV’s ‘Street Smart” with Betty Liu/Adam Johnson

May 29, 2013 | 11:57 am | | Public |

Yesterday’s release of the Case Shiller Index prompted a flurry of coverage given the 20-cities’ highest YoY increase in 7-years. I did a three way split interview from a remote location in CT (see studio set up below). I was a guest along with Vincent Reinhart, chief US economist at Morgan Stanley and Stan Humphries, chief economist at Zillow Inc. Betty Liu and Adam Johnson kept the conversation going.

I especially liked Stan’s modification of the Case Shiller Index results which excluded foreclosures and his research on low and negative equity (my explanation for low inventory right now). The drop in foreclosure activity over the past year caused significant skew to the mix. According to Stan the index would show roughly a 5% increase YoY rather than an 10.9% increase. A huge difference and yet another reason why this index does more harm than good to our understanding of the housing market.

Vincent’s observation that seasonality is considered in Case Shiller is basically wrong – not technically wrong because the data is seasonally adjusted. However the methodology of a repeat sales index washes out seasonality. If you look at the Case Shiller chart, there hasn’t been “seasons” in housing since 1987. That’s simply not true. The Case Shiller Index does not reflect annual housing cycles.

Since Case Shiller Index lags the signing of contracts by 5-7 months, expect to see much higher YoY results this summer.

How the sausage is made

Bloomberg TV is always great to work with – they arranged for me to use a remote studio in CT through a third party. Here is what the studio looks like. Amazingly primitive but it works!

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Bloomberg Surveillence TV with Tom Keene, Sara Eisen and Adam Davidson

May 13, 2013 | 8:46 am | | Public |

Had a fun interview with Tom and Sara this morning on the always MUST watch/listen Bloomberg Surveillance. We talked housing, rentals, vacancy and inventory. An added bonus was the addition of Adam Davidson – co-founder and co-host of Planet Money as guest anchor. I’m a huge fan of his show. Even bought their t-shirt last week through Kickstarter.

More importantly, I’m still the mayor of the Bloomberg Cafeteria on FourSquare.

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[In The Media] Bloomberg’s “Street Smart” 1-7-13

January 8, 2013 | 2:37 pm | | TV, Videos |

Had a quick but fun visit with Trish Regan and Adam Johnson on Bloomberg TV’s “Street Smart.” We covered some of the results of the 4th quarter market report on Manhattan sales I have been preparing for Douglas Elliman for years.

Just before I came on to the set there was a breaking news flash that a tanker crashed into San Francisco’s Bay Bridge – quickly thought my segment would be cut but alas it wasn’t. I have a long legacy for timing like that, just not this time.

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[In The Media] Bloomberg TV’s Street Smart 11-14-2012

November 15, 2012 | 5:53 pm | | TV, Videos |

Had a good discussion with Adam Johnson and Alix Steel on the Manhattan/Brooklyn rental markets and how credit relates to it.

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[In The Media] Bloomberg TV’s ‘Money Moves’ w/Deirdre Bolton 10-22-2012

October 22, 2012 | 5:32 pm | | Public |

Always fun to speak with Deirdre Bolton on her Bloomberg TV show “Money Moves.” We talk macro housing and foreign investors today and my tweet quote: Housing is the new global currency.

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[In The Media] Bloomberg TV’s ‘Street Smart’ w/ Trish Regan 10-2-12

October 4, 2012 | 2:10 pm | | Public |

Had a nice chat with Trish Regan over at Bloomberg TV on her Reganomix (I get it) segment of Street Smarts on Tuesday (bonus: I became the mayor of Bloomberg TV on Foursquare at same time).

We talked about the results of our recent market report release on Manhattan for Prudential Douglas Elliman.




The Elliman Report: 3Q 2012 Manhattan Sales [Miller Samuel]
The Elliman Report: 3Q 2012 Manhattan Sales [Prudential Douglas Elliman]

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[In The Media] Bloomberg Surveillance w/Tom Keene 8-1-12

August 8, 2012 | 11:13 pm | | Public |

This interview occurred more than a week ago – I’m doing some blog housekeeping after returning from vacation.

Always a lively discussion on housing. I’m big on negative or low equity to explain why inventory is falling faster than sales activity can explain. Love their show. Had some issues with my earpiece constantly falling out. Apparently my ears are too big for TV (ie better listener).

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[In The Media] Bloomberg TV On The Economy 10-3-08

October 5, 2008 | 8:16 pm | | TV, Videos |

Always a pleasure to be on with Kathleen Hays and her show On The Economy.

She was multi-tasking big time before and during the interview. While I was sitting with her, but before I was interviewed, the bailout bill was passed by the House. She interviewed House Speaker, Stemy Hoyer, live. And then during the my interview, she announced the president had signed the bill into law and later announced when the president went over to the US Treasury to congratulate its employees.

What a circus. Yet she is always calm and relaxed.

Here’s the clip


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[In The Media] Bloomberg TV – On The Economy Housing Starts And Fits

July 19, 2008 | 9:07 am | | Public |

Thursday I was on with Kathleen Hays at Bloomberg News, one of the best business anchors on television, to talk about housing starts. I was joined by Beth Pierce, of the California Association of Realtors (CAR) and owner of her own brokerage and mortgage companies. I thought she provided refreshing candor.

At one point I was asked a question about the change in NYC building codes and how it accounted for the surge in starts which helped skew the national numbers. I experienced a senior moment because my answer pertained to the recent expiration of a long time tax abatement program that had stimulated new development rather than talking about building codes. Sigh.

Here’s more info on the NYC building code change.

On the bright side, I got my first ever tv interview teaser earlier in the day. Gotta love Bloomberg News!


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