Don't expect 'rate riot': Nouriel Roubini

Bond investors shouldn't expect a "rate riot or rate rage" when the Federal Reserve begins to raise interest rates because the central bank has already telegraphed what it is going to do, economist Nouriel Roubini said Tuesday.

"It's not going to be a significant surprise. As the economy recovers, as inflation goes higher, gradually long-term interest rates are going to go higher," said the co-founder and chairman of Roubini Global Economics, also known as "Dr. Doom."

Read more... http://www.cnbc.com/id/102672961

Building Giant: Standard Pacific, Ryland Merge

Two home-building giants will merge to form one single company in an equity market capitalization deal worth $5.2 billion. Standard Pacific and Ryland Group, both based in Southern California, will own or control 74,000 home sites from the merger. They have yet to pick a new name that they will be operating under.

"Combining two industry leaders with nearly 100 years of homebuilding experience between them puts us in a strong position to benefit from the continued housing recovery," says Scott Stowell, Standard Pacific CEO, who will serve as the merged company's executive chairman. "With this merger, we gain both geographic and product diversification, expanding our reach and enhancing our growth prospects in the entry level, move-up and luxury market segments."

Read more... http://realtormag.realtor.org/daily-news/2015/06/15/building-giant-standard-pacific-ryland-merge?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+DailyRealEstateNews+%28Daily+Real+Estate+News%29

Home Owners, Appraisers Disagree on Prices

The gap between appraiser and home owner perceptions over the value of homes continued to widen for the fourth consecutive month in May, according to Quicken Loans' national Home Price Perception Index. Appraisal opinions of home values were 1.15 percent lower than home owner estimates in May. The latest reading on the index marked the first time in nearly two years where appraisal opinions were lower than home owner estimates by at least 1 percent.

Read more... http://realtormag.realtor.org/daily-news/2015/06/12/home-owners-appraisers-disagree-prices

Alan Greenspan: US real estate is stagnating

Construction usually pulls America out of a recession, but not this time.

It's Alan Greenspan's top concern right now. The former chairman of the Federal Reserve says real estate in the U.S. is stagnating.

Sure, some cities are seeing buildings (and prices) rising, but construction of both homes and commercial properties overall isn't back to where it was before the Great Recession.

Read more... http://money.cnn.com/2015/06/10/investing/alan-greenspan-housing-stagnation/index.html?section=money_realestate&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:%2Brss%2Fmoney_realestate%2B(CNNMoney:%2BReal%2BEstate)