On Friday I taped an interview with Christine Romans, host of CNN’s Your Money on the housing recovery and why rising mortgage rates aren’t necessarily a bad thing. She’s a very engaging interviewer – plus it’s always fun to visit the studio.
This clip captures a large part of the interview – there were three more Q&A volleys on the televised broadcast omitted in this clip – they’ll be airing them in other segments.
Just catching up here on Matrix – had a great visit with Christine Romans on CNN’s Your Money a week ago. Also go to meet Rana Foroohar, Assistant Managing Editor at Time Magazine (sitting next to me but not in the clip) who interviewed me for her column “The Housing Mirage. Good stuff.
Ali Velshi does a great recap on various elements of the economy including what I call “happy housing news.” CNN brought in both Chris Mayer of Columbia University and me to poke holes in it and talk “what if.” Chris and I were nearly identical in views, but I was tagged as the more negative because I hate the use of the word “recovery” to describe the current state of the market. I prefer “stabilized” or “recovering” over “recovery” since we haven’t dealt with the excess distressed sales and tight credit yet which is what is perversely driving up prices.
We taped this on Wednesday and it aired yesterday at 1pm and will air again today at 3pm. Ali tackles energy, manufacturing, the economy in addition to this housing segment. My friend Dan Gross of Newsweek/Daily Beast was in the economy segment and we got to catch up in the Green Room.
The taping was a two-fer for me – I got to meet Ali, a take-no-prisoners media personality who lays things out with great clarity. Plus I got to meet Chris, one of the sharpest minds in real estate policy. All-in-all, fun!
If you haven't already, sign up for
'Housing Notes' to receive weekly insights and research.
About Jonathan Miller
Jonathan Miller is President and CEO of Miller Samuel Inc., a real estate appraisal and consulting firm he co-founded in 1986. He is a state-certified real estate appraiser in New York and Connecticut, performing court testimony as an expert witness in various local, state and federal courts. He holds the Counselors of Real Estate (CRE) and Certified Relocation Professional (CRP) designations. He is an Appraiser “A” Member of the Real Estate Board of New York and a member of Relocation Appraisers and Consultants, Inc. Learn More...
Subscription Service Coming Soon
You'll be able to choose from an array of robust housing metrics compiled using research developed during the preparation of our market report series. Expanded significantly from prior offerings, use this resource to build charts and custom data tables or leverage your own information for more powerful research and presentations.
In the meantime, here is a small sample of the aggregated data we will provide.
“Market Analyst Jonathan Miller: Thank the Flying Spaghetti Monster he's on our side.”–Curbed Miami
“Jonathan Miller: Best online real estate expert.”–Money Magazine
“If market guru Jonathan Miller said it, it must be true.”–Stuart Elliott, Editor-In-Chief, The Real Deal
“Miller is arguably the most influential voice in residential property valuation markets today.”–Altos Research
“Miller’s more than 20 years of real estate experience comes out in this no-nonsense blog.”–Seeking Alpha
“In the real estate world, Jonathan Miller is where street-smart meets book-smart.”–Jed Kolko, Chief Economist, Trulia
“Jonathan Miller delivers the unflinching and un-fluffy truth about an industry he knows inside out.”–Teri Rogers, Brick Underground
“Jonathan Miller, the demigod of New York real estate stats.”–New York Observer
“Jonathan Miller is 'a complete pro, a shining star in the real estate industry.'”–Donna Olshan, President, Olshan Realty Inc.
“Jonathan Miller...Manhattan’s most revered independent appraisers of residential property.”–Daily Telegraph (UK)
“Matrix: One of the top five U.S. real estate blogs.”–Inman News
“Then there is Miller’s authority in residential appraisals.”–Reuters
“His market reports are to the Manhattan housing market what those brackets are to the NCAA Tournament.”–New York Observer
“His prescient 2012 declaration that “luxury real estate is the new global currency” was repeated as gospel...”–New York Post
“A web site 'worth visiting.'”–Realtor Online Magazine
“Jonathan Miller of Miller Samuel is a NYC real estate "cultural icon."”–Katherine Clarke, New York Daily News
“A combination of Godzilla, King Kong, and Hurricane Katrina all wrapped up in one as he wreaked havoc on the housing market.”–New York Sun
“Jonathan Miller, the appraiser who is the savviest observer of the local residential market.”–Crain’s New York Business
“JM makes real estate stats talk in language that normal people understand.”–Teri Rogers, Brick Underground
“Why is Jonathan Miller’s Matrix required reading? …He grabs you right from the start.”–New York Times
“Jonathan Miller is the most trusted (and quoted) man in New York real estate.”–New York Observer
“Miller is the best real estate blogger out there.”–Bankrate
“Jonathan Miller, President of Miller Samuel and real-estate savant.”–Curbed Miami
“Our man Jonathan Miller drops the truth bomb.”–Barry Ritholtz, The Big Picture Blog
“Jonathan Miller delivers real estate news in language even a blogger can understand.”–Curbed DC
“Jonathan Miller, an appraiser dubbed 'the Wikipedia of Manhattan real estate.'”–Barrons
“It’s tough to find the good guys..Fortunately we found one. His name is Jonathan Miller.”–Glenn Beck, CNN
“When it comes to markets trends, nobody knows the multiple NYC real estate markets better than Jonathan Miller.”–John L. Heithaus, CSO, Buyside
“Jonathan Miller: One of the top 25 most influential U.S. real estate bloggers.”–Inman News
“Jonathan Miller: He's the guy with 'boots on the ground' when it comes to real estate.”–Tom Keene: Bloomberg TV, Surveillance
“Jonathan Miller’s blog Matrix. Completely Keanu Reeves-free real estate economics, not for beginners.”–Curbed San Francisco
“Should we have seen this coming?...I spoke to appraiser Jonathan Miller 3 years ago.”–Jane Wells, CNBC
“Jonathan Miller, the most popular guy on the block when talking about real estate in New York.”–Tom Keene, Bloomberg Radio
“Jonathan Miller: the true God of real estate data.”–Fredrik Eklund, The Eklund Gomes Team / Bravo’s MDLNY
“Jonathan Miller is one of the icons of the real estate industry.”–Real Estate Board of New York
“If New York real estate is a sport, one of its most prominent score keepers is Jonathan Miller.”–New York Daily News
“Our sherpa in the land of broker euphemism for the current state of the housing market.”–New York Observer
“Jonathan Miller is 'one of the most important people in real estate.'”–Elizabeth Ann Stribling-Kivlan, President, Stribling & Associates
“In this ever changing NYC market, Jonathan’s reports give me an accurate snapshot at any given time.”–John Gomes, The Eklund Gomes Team / Douglas Elliman Real Estate
“Check out Superstar Appraiser Jonathan Miller’s blog Matrix for the latest in depth information on NYC housing.”–Urban Digs
“Expert Appraiser Jonathan Miller: New York City’s Real Estate Data Wizard”–Epoch Times
“Miller Samuel CEO Jonathan Miller holds the key to the luxury real estate market.”–Deirdre Bolton, Anchor, Fox Business
“Somebody-explain-this-crazy-market-to-me guy Jonathan Miller.”–Curbed New York
“A Curbed reader goes all 'Jonathan Miller' on us.”–Curbed New York
“His quarterly reports on the New York City-area market is considered required reading among real estate professionals.”–Reuters
“The oracle of New York City real estate: Jonathan Miller.”–Amir Korangy, Publisher, The Real Deal
“Jonathan Miller, the go-to expert on all residential real estate figures.”–Crain’s New York Business
“New York real estate maven Jonathan Miller.”–Slate
“Jonathan Miller is well-known for taking the pulse of Manhattan real estate.”–PBS Nightly Business Report
“Jonathan Miller...one of the nation’s most prominent appraisers.”–Money Magazine
“Jonathan Miller is a master of his craft...we are lucky to have him as an advocate for appraisers.”–Phil Crawford, Voice of Appraisal
“Jonathan is a legend, one of the most quoted appraisers and experts in the industry.”–Dottie Herman, President and CEO, Douglas Elliman
“Jonathan...understands how to take numbers and explain them to people in a way that makes sense.”–Dottie Herman, President and CEO, Douglas Elliman
“Jonathan Miller: One of the best finance people on Twitter.”–Business Insider
“Renowned appraiser and [Matrix] real estate blogger, Miller is a statistical wizard. Can dodge bullets in slow-mo.”–Real Estate Tomato
“Jonathan Miller, owner of New York City’s Miller Samuel and one of the nation’s most prominent appraisers”–Money Magazine
Last week a newsletter from John Burns Consulting got big SEO points by exclaiming that Wall Street Has It Wrong: Luxury Home Sales Increasing. Normally his firm is a good source of housing research, but this time they missed the… Read More