17 Burst results for "Doug Duncan"

"doug duncan" Discussed on Scientific Sense

Scientific Sense

01:39 min | 5 months ago

"doug duncan" Discussed on Scientific Sense

"Welcome to the site of accents. Podcast where we.

"doug duncan" Discussed on News-Talk 1400 The Patriot

News-Talk 1400 The Patriot

01:48 min | 1 year ago

"doug duncan" Discussed on News-Talk 1400 The Patriot

"Of the evening down to thirty two tonight sunny tomorrow with a high of fifty eight right now it's forty six degrees from the town hall dot com news room Detroit mayor Mike Duggan says between one hundred and fifty and two hundred city employees will get back to work soon after being told to stay home because of the corona virus during a press briefing today Doug Duncan says the city is calling back lawyers inspectors in house repair staff within the next week I can also said Detroit will likely move into phase four of the governor's re open plan which is also called the improving phase within the next few weeks that would mean retail shops would be allowed to once again opened their doors while also following certain protocols to prevent the spread of the virus and that coronavirus cases hospitalizations and deaths would be clearly declining at only eleven days in the month metro Detroit is already seeing one of its snowiest Mays on record with the half inch of snow that fell last night this may he is now the fourth snowiest may the area has seen may nineteen twenty three saw the most snow in any major metro Detroit on record with a total of six inches of snow we have the traffic and weather four times an hour a day maybe on the patriot act them one a one point five and eight AM fourteen hundred I'm Littlejohn's White House staff ordered to wear facemask Twitter introduces new policy on corona virus to each and Tesla ready to abandon California as its home base those stories next the stock market is taking unemployment will likely reach all time high experts are saying the worst is yet to come but what we need now is the solution we have Colin plume president of noble gold for some advice what can Americans.

Mike Duggan Doug Duncan Detroit Mays Littlejohn Twitter California president White House Tesla Colin plume
"doug duncan" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:18 min | 1 year ago

"doug duncan" Discussed on Bloomberg Radio New York

"Indicating once again that the consumer continues to power the US economy along we are very happy to have our next guest Doug Duncan good friend of the show senior vice president chief economist for Fannie Mae I usually based in Washington DC but we drag them up here to New York City to the Bloomberg interactive brokers studio so Doug and seems like every time we chat with you we have more I'm looks a great but certainly solid housing data what do you make of existing home cell data that came out today let's get this on the forecast we think twenty twenty is going to be a good year the consumer is well positioned you've seen lower income groups see rising income growth from relative to middle and upper income groups and that's for the first time home buyers are a in the millennial group which are driving the demand for for homes they won't peak in terms of their household formation for another six years so depending on what the economy doesn't know that we still have a good run to go and housing and we're still building two hundred and fifty thousand units less than demographics would suggest annually what there's been a tension in the housing market that they're growing number of people who want starter homes and those starter homes are getting more and more expensive how is that conundrum getting resolved in order to keep these numbers going forward it's kind of a fight between the boomers and the millennials if you will nothing I'm trying to foment social this course is go ahead and write but the they said they're going to they're aging in place and that's usually where the turnover comes up makes existing homes available to the first time buyer and it's the move up buyer who buys what the builders building so this is a challenge for builders to make money building starter homes that's not their traditional role they're making progress our expectation is deep sea probably about five percent growth this year in new home sales which the square footage they're building has been falling for about three years so they're trying to move toward that entry level buyer but still there's gotta be turnover among the bloomers in order to really come back to normal relationships in the house and turn over what is that I mean really in there yeah well it means when the kids have moved out while you may want to keep the bedroom or two in case they come home and bring the grand kids probably don't need five bedrooms interesting so are the other regions of the country that are is it can fairly consistent across the country we're seeing decent household formation in home sales or the regions that are maybe worrying you it to some degree well we've been studying the issue of mobility asking the question if housing is too expensive for entry level workers to be able to afford a house near where they work will businesses start moving their location to our housing is more affordable and there is significant anecdotal evidence of that and also starting to be so a valid evidence of that in the data that is this is our relocating although in fairness I have spoken anecdotally to some executives at companies that have tried to move away from New York it to other places in particular some southern cities and have struggled to find the talent ma and I'm wondering you know eat you does this sort of foretell further is stability and say a New York City market or a San Francisco market despite all of the threats that everyone's gonna move away because it's just too expensive yeah I think there is in some sense instead of incremental additions to those already expensive and heavily populated metros if the incremental ads are going elsewhere one story for example is if you look at where boys he was ten years ago compared to where boys use today that so absolutely all out flow from higher because there is a boy's excuse either fifty thousand people in that metro now that's a a poster child for that kind of migration sucking up every everywhere core businesses will still remain in New York City but the additional if you can open another office somewhere else in that business that's what you're seeing some of the west coast tech companies they're moving a part of their business to Utah Salt Lake or to Reno or to Phoenix or someplace where housing is more affordable don't put your overall economic outlook for twenty twenty unit can't it's kind of two percent kind of two yeah both we think it is sustainable non inflationary growth rate for the economy is between two and two and a quarter will be in that range is here little bit saw the last year Boeing will have something to do with that the the that that will be action number that will slow the headline numbers a little bit how's the housing market in Fargo Moorhead North Dakota it's very well it's a very affordable place if you have a child center university there's an excellent idea state university it's affordable and good quality you're totally objective for I am told absolutely I wasn't alone as I say this actually I am going to be heading to North Dakota state university in April and while April not January as yeah although it's still too early pretty although yeah yeah there about two weeks in between winter and and summer which case it's nice to know I it's it's going to be fine I actually started my career at Fargo North Dakota as I'm going to order as a cover for today anyway thank you so much for being with us Doug Duncan always wonderful having you here diagnosed chief economist at Fannie Mae at joining us with this better than expected date out yet again on the U. S. housing market I do want to bring you just some breaking news that lemaire is saying that France and the U. S. have agreed on a global digital tax free mark there still needs to be a bunch of details ironed out here such as the basis for it the tax that one and this is that the twenty twenty that was already reporters a something new and maybe longer standing I'm not sure well basically is saying that this trumpet macro call because I was a call between the leaders of the two countries that it was decisive in calming tensions so regardless if he appears that some of the friction here has been taken off the table despite some of the hawkish rhetoric from president trump earlier this morning we're gonna have more on that coming up I'm Lisa brown would suppose we.

Doug Duncan chief economist New York City US senior vice president Fannie Mae Washington
"doug duncan" Discussed on WMAL 630AM

WMAL 630AM

02:08 min | 1 year ago

"doug duncan" Discussed on WMAL 630AM

"Most recent Fannie Mae home purchase sentiment index revealed that the number of people who say now's a good time to buy a home is falling Fannie Mae chief economist Doug Duncan remains upbeat but he concedes that affordability is not getting any better the main source of the affordability problem is the lack of entry level housing because boomers are not moving Jen answers are not moving and builders typically build for the move up buyer so the biggest affordability should simply lack of supply and Duncan tells CNBC that the Fannie Mae survey also found that first time home buyers are the most conservative in decades in terms of how much of their income they're committing to housing the head of a well known organization that promotes minority home ownership is optimistic Darnell Williams is president of the national association of real estate brokers he says in a new video that he is cautiously encouraged by a census bureau report showing the black homeownership rate rose in the third quarter there is still a thirty percentage point gap between black and non Hispanic white homeownership rates but the reported increase is significant and we are hopeful that our organization's bulls on the grounds effort will continue to yield positive increase the black homeownership rate in America is now forty two point seven percent up two point one percentage points from the second quarter if you have a child in college you know how expensive out of state tuition and room and board can be so business insider reports that some parents are now buying their kids local real estate to save money but wait point real estate investments see Scott Lawler said on fox business I don't know if it's as big a trend as you know the headlines my suggestions are really driving the market percent students tastes preferences and in fact maybe demands have changed dramatically and most existing stock does not comport with current preferences but parents you've gone that route say the so called Kitty condos can not only help their kids get in state tuition can help them build a credit my putting their name on the mortgage coming up a half an hour the housing number that's going up that's good news.

Doug Duncan CNBC Darnell Williams president America Scott Lawler Kitty condos Fannie Mae chief economist Jen fox seven percent
"doug duncan" Discussed on 760 KFMB Radio

760 KFMB Radio

02:06 min | 1 year ago

"doug duncan" Discussed on 760 KFMB Radio

"Most recent Fannie Mae home purchase sentiment index revealed that the number of people who say now's a good time to buy a home is falling Fannie Mae chief economist Doug Duncan remains upbeat but he concedes that affordability is not getting any better the main source of the affordability problem is the lack of entry level housing because boomers are not moving get answers are not moving and builders typically build for the move up buyer so the biggest affordability issues simply lack of supply and Duncan tells CNBC that the Fannie Mae survey also found that first time home buyers are the most conservative in decades in terms of how much of their income they're committing to housing the head of a well known organization that promotes minority home ownership is optimistic Darnell Williams is president of the national association of real estate brokers he says in a new video but he is cautiously encouraged by a census bureau report showing the black homeownership rate rose in the third quarter there is still a thirty percentage point gap between black and non Hispanic white homeownership rates but the reported increase is significant and we are hopeful that our organization's bulls on the grounds effort will continue to yield positive increase the black homeownership rate in America is now forty two point seven percent up two point one percentage points from the second quarter if you have a child in college you know how expensive out of state tuition and room and board can be so business insider reports that some parents are now buying their kids local real estate to save money but wait point real estate investments see Scott Lawler said on fox business I don't know if it's as big a trend as you know the headlines might suggest is not really driving the market percent students tastes preferences and in fact maybe demands have changed dramatically and most existing stock does not comport with color preferences but parents you've gone that route say the so called Kitty condos can not only help their kids get in state tuition can help them build a credit by putting their name on the mortgage coming up I'm half an hour the housing numbers.

Doug Duncan CNBC Darnell Williams president America Scott Lawler Kitty condos Fannie Mae chief economist fox seven percent
"doug duncan" Discussed on KSFO-AM

KSFO-AM

02:54 min | 1 year ago

"doug duncan" Discussed on KSFO-AM

"The most recent Fannie Mae home purchase sentiment index revealed that the number of people who say now's a good time to buy a home is falling Fannie Mae chief economist Doug Duncan remains upbeat but he concedes that affordability is not getting any better the main source of the affordability problem is the lack of entry level housing because boomers are not moving Jen actors are not moving and builders typically build for the move up buyer so the biggest affordability issues simply lack of supply and Duncan tells CNBC that the Fannie Mae survey also found that first time home buyers are the most conservative in decades in terms of how much of their income they're committing to housing the head of a well known organization that promotes minority home ownership is optimistic Darnell Williams is president of the national association of real estate brokers he says in a new video that he is cautiously encouraged by a census bureau report showing the black homeownership rate rose in the third quarter there is still a thirty percentage point gap between black and non Hispanic white homeownership rates but the reported increase is significant and we are hopeful that our organization's bulls on the grounds effort will continue to yield positive increase the black homeownership rate in America is now forty two point seven percent up two point one percentage points from the second quarter if you have a child in college you know how expensive out of state tuition and room and board can be so business insider reports that some parents are now buying their kids local real estate to save money but wait point real estate investments CEO Scott Lawler said on fox business I don't know if it's as big a trend as you know the headlines might suggest is not really driving the market percent students tastes preferences in fact maybe demands have changed dramatically and most existing stock does not comport with current preferences but parents you've gone that route say the so called Kitty condos can not only help their kids get in state tuition can help them build a credit by putting their name on the mortgage coming up a half an hour the housing numbers it's going up that's good news Stephen back to you thanks bill we're going to continue our special look at where we stand in real estate markets all across America NPR's recent conference I spoke with real towards from all around the nation about what's happening in their markets and what you can learn from it and now let's talk to our realtor way up in the snow country of Montana Jim Anderson served as the two thousand nineteen president of the Montana association of realtors and he's a broker owner of northern land realty in Havre Montana welcome to realistic well thank you thanks for the opportunity to.

bill Montana association of realtor Montana fox CEO Jen chief economist Fannie Mae Havre Montana Jim Anderson NPR Doug Duncan Stephen Kitty condos Scott Lawler America president
"doug duncan" Discussed on 77WABC Radio

77WABC Radio

01:52 min | 2 years ago

"doug duncan" Discussed on 77WABC Radio

"NBA spokesman rob van reports said in a company produced video the spring bind season remains strong purchase activity was of year-over-year for the ninth straight week reaching its highest level since April two thousand ten predictably as interest rates continue to hire. Refi activity drops slightly falling eight percent from the previous week with that dip in refi activity, total mortgage application volume fell three and a half percent. From the previous week builders. Say excessive government regulation is a big reason. New home prices, keep rising speaking to the national association of counties, recently, housing and urban development secretary. Dr Ben Carson said county leaders could do a lot to help the thing that could be done. Whether it's a large county or small county is to sit down and study those regulations and take the same kind of approach that we have in medicine, which is I do no harm. And so look at the regulations is this causing harm when it comes to building affordable housing. And if it is changing Carson says, he's not anti regulation, but favors scrapping old regulations. As new ones are added a new report from communists, at the Federal Reserve Bank of New York says the 2017 tax Bill may have. Hurt new home sales in two thousand eighteen their report suggests that the new cap on state and local tax deductions was a factor in a seven point six percent drop in new home sales, but Fannie Mae. Chief economist Doug Duncan says the tax Bill is not likely to have a significant effect on housing going forward. People had a broad view of who might be impacted what? In fact, the the neighborhoods which are most impacted are fairly narrow in a subset of those markets. It's not everybody in those markets. So broadly, we don't expect to have a big impact on the market Duncan spoke to Yahoo. Finance.

Dr Ben Carson Federal Reserve Bank of New Yo Doug Duncan NBA Fannie Mae rob van secretary Chief economist Yahoo eight percent six percent
"doug duncan" Discussed on Biz Talk Radio

Biz Talk Radio

01:51 min | 2 years ago

"doug duncan" Discussed on Biz Talk Radio

"Nick realty nation. I'm your host AVI goal. Now. If you're just tuning in with us, and you're just listening to the show for the very first time, which I would employ listen to it from time and time and time again, all you need to do is go to think ability radio dot com and click play on some of your favorite episodes. But today, we have a special treat today. We have Doug Duncan who's the chief economist at Fannie Mae who's joined us on the air. And we're talking about trends that matter to you the real estate investor now before the break Doug mentioned a little about the millennial movement and how they're and how we as a nation were starting to become more of a renter nation talk to that a little bit. And then I want to jump into interest rates and your thoughts on where interest rates are headed. Do we expect that to kinda love loft? And then, of course, the impact that interest rates has on the housing market. And then, of course, the investing activities so millennia. Renter nation. Summarize that for me. And where we had it is that a is that a trend? That's here to stay that we're becoming more of a renter nation and why well when we came out of the recession. Everybody says all the millennials have seen the damage that their parents in gen Xers took and they're they're going to. Homes because of risk related to that. And then they pointed at employment of millennials and said look to either all renting these fears for the carpets. Well, that was a misinterpretation of the data to go back to the data question. This expansion coming out of the recession. The employment rose was the most heavily concentrated in urban core of any expansion since World War Two so in the urban core in San Jose or New York City, or.

Doug Duncan Fannie Mae Nick chief economist San Jose New York City
"doug duncan" Discussed on Biz Talk Radio

Biz Talk Radio

01:50 min | 2 years ago

"doug duncan" Discussed on Biz Talk Radio

"I'm your host AVI goal. Now. If you're just tuning in with us, and you're just listening to the show for the very first time, which I would employer. Listen to it from time and time and time again, all you need to do is go to radio dot com and click play on some of your favorite episodes. But they we have a special treat today. We have Doug Duncan who is the chief economist at Fannie Mae who's joined us on the air. And we're talking about trends that matter to you the real estate investor now before the break, Doug, you mentioned a little about the millennial movement and how they're and how we as nation were starting to become more of a renter nation talk to that a little bit. And then I want to jump into my interest rates in your thoughts on where interest rates are headed. We'll do we expect that kind of level off. And of course, the impact that interest rates has on the housing market. And then, of course, the investing activities, so millennials. Wrench your nation. Summarize that for me. And where we had it is that a is that a trend? That's here to stay that we're becoming more of a renter nation and why well when he came out of the recession. Everybody says all the millennials have seen the damage that their parents in the gen Xers took and they're they're going to want to own homes because of risk related to that. And then they pointed at employment of millennials and said look to either all renting these fears for apartments. Well, that was a misinterpretation of the data. Go back to the data question. This expansion coming out of the recession. The employment rose was the most heavily concentrated in urban core of any expansion since World War Two in the urban core in San Jose or a New York City, or.

Doug Duncan Fannie Mae chief economist San Jose New York City
"doug duncan" Discussed on 760 KFMB Radio

760 KFMB Radio

02:22 min | 2 years ago

"doug duncan" Discussed on 760 KFMB Radio

"Justin is thank address them. Or did. I did I cough on the air. Earlier. Was that something that somebody has sent me a message in that one of our top consultants and said coughing, and it's all part of the plan. Mike open or whatever. All right. We don't have Mike Mike Slater's, Micah coffee. Here's miles miles hills. In a second. Dave justice. Relaxing, his Chillan. It's friday. I'm not gonna Mike spiker. Dan, noon, can't not talk. Justin, no matter what you say to them. That's right. A couple of times on the show. Did you? Talk on the air. It's also hard to tell if Justice even here because no one sits in his seat lower. He's actually under literally under the control of you. So he's like he's doing something under the car up on Jackson is just under Kilroy was here. That's Justin doing during the break. I'm hearing from from you, Mike Slater and miles is calm. We gotta talk about the Doug Duncan de how'd around the beginning of the hour. And one of the things you mentioned I came back. I heard the second segment because he said that that back when I I came back about the thing about Joseph Kappa. That's not what's in the ballot. So he was alluding to that. I don't know if that was one of the three aliases that he's cabinet jar. Did did change his name. I mean that is out there. I believe however, it's not that way. It's it's very clear that is confident jar on the on the ballot. Yeah. I'm driving into work today. And I listen to this interview, I'm cracking up. I texted miles, and I said you guys got a tune into this. This is awesome. This it was the most, entertaining and hilarious interview. And maybe I've ever heard. I didn't think it was hilarious. I just kept plow causing. How does how does I mean? Because they can't all be bogus charges. I specifically. But in the end, I ended up laughing from MIR Mesa boulevard Clermont, Mesa boulevard nonstop. I thought it was going to throw Dunkin hundreds pretty funny guy his general when he talked about we gotta pull these for my show. I'm gonna I'm gonna play the whole when he talked about the name changes. Yes. Larry's he's like. Earlier this year. He was a more OSU, Abdulah, whatever..

Mike Mike Slater Justin Doug Duncan Mike spiker MIR Mesa boulevard Clermont Dave justice Larry Chillan Dunkin Dan Micah coffee Joseph Kappa OSU Jackson Kilroy Abdulah
"doug duncan" Discussed on Here & Now

Here & Now

03:56 min | 2 years ago

"doug duncan" Discussed on Here & Now

"Parents of addicts are routinely advised to be tough with their kids to cut them off if necessary. I was being told about Tom Lantos on rock bottom. The belief is that somebody using substances the only way they're gonna changes. If they have a massive pile up of negative consequences. That's not true. Those are the opening lines from a new video that parents can use to help them deal with child who is addicted to drugs. It was produced by the partnership for drug free kids, and it promotes compassion and understanding rather than punishment. Martha bebinger from member station WBU are reports. It was beat Duncan who reached for the phone at two AM on a January morning, nine years ago, her son Jeff had been caught using drugs inside a sober home and was being kicked out be and her husband. Doug Duncan went and picked up their son on the right back home. They gave him an ultimatum. It was either going back to the rehab or he had to leave. Home b- Duncan says her son chose to leave. She remembers a lot of yelling, cursing and tears as they stopped the car. It was really, really difficult to actually just drop him off in a parking lot on our way home and say, you made the decision no rehab. So we made the decision, no home. It was exquisitely difficult, but in line with guidance, Doug Duncan had received from other parents gotta hit rock bottom. You're going to have to kick him out of the house to torturous days later, Jeff, Duncan came home while he was in rehab. For the second time, the Dunkin's decided their approach was not working. They sought help eventually connecting with a program called craft that stresses empathy over tough love. I think there was more compassionate with more while this is really difficult for you more open questions to him instead of dictating what he should and should not behave. Like I started to feel an immense, a sense of relief because b, Duncan could phone. Focus on being a loving mom, not a cop. I start having feel like I had to be a private investigator and controlling mom, and I could kind of walk side the side with him on this journey instead of feeling like I had to take charge of it, the Dunkin's credit flipping from family consequences, like kicking their son out of the house to outside one's like losing a job due to drug use with helping their son stick to recovery, Jeff's now Twenty-eight and sober for nine years. Many drug users say in hindsight, they appreciate being forced into treatment, but studies show that a compassionate approach involuntary treatment are more likely to keep people alive nor Volkoff is director of the National Institute on drug abuse. That concept of letting their children hit. Bottom is not the best strategy because in kidding bottom, they, they may die. But parents desperate for help often don't know how to avoid hitting the bottom as the Dunkin's. Did. On that frigid January morning, leaving their son in a dark, empty parking lot today. Doug Duncan is apparent coach through the partnership for drug free kids. He's on the phone with Doreen among whose daughter is in recovery where only using Doreen first name to protect. Her daughter's identity was just wondering if you were to reach out to your daughter, how you might do that Doreen is upset about an angry text from her daughter who has overdosed twice. It brings me back there in two seconds. I am back on that same thinking. She's back on the heroin. She's not going to live, but instead of panicking and replying with a confrontational text, Doreen pauses and searches for ways to be supportive. That's really huge it. It's really hard to do that to your mind, screaming out have question help get me out of here. I just wanna ask her if she's taking drugs, but that's almost like an accusation parent to parent coaching for five or six sessions.

Doug Duncan Dunkin WBU Doreen Jeff Tom Lantos Martha bebinger heroin investigator Volkoff director National Institute nine years two seconds
"doug duncan" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:37 min | 2 years ago

"doug duncan" Discussed on Bloomberg Radio New York

"Thanks so much Facebook cannot find a bit we're, not down to the six PM low last night. One sixty four thirty but we're getting. There one sixty nine fifty one the chart has been extremely difficult since eight AM this morning in the last hour and eighteen minutes really I, think I can stay Facebook is not found a bid right now in. The bid of rent. And buy in the bid of housing. Douglas Duncan joins us inner studio he's senior vice president chief economist with Fannie Mae and Doug you write one of the best clearest domestic American research notes I see on the. Very back of your notes forty two charts in the chart from two thousand six which is how we refinance our homes in we're back. Eighteen years there's little refinancing going on right there some the the it's it's much lower than it has. Been but of course the refinance we've seen over the. Last six years as policy-induced straight it was it was intentional function and fed policy. To lower rates. To allow households to improve. Their cash flow what's happening today is this is the boomers tapping six and, a half trillion dollars of equity to re to. Remodel their home because they're not moving that's why existing home inventories are so low and they want to kick them up and bring. The grandkids talk to week at four point two percent annualized growth this year or two point eight percent two point, eight percent second quarter we. Think is going to be the peak It. Will peak. At around four two, we'll see what the final number is as a result of. That deep believe that that's going to have a, major effect on interest rates we don't see them going, far from where they are today but I. Will say if you. Look at our beginning of the year. Forecasts in today's, forecast we missed about forty basis points in. Terms of where, they are today but we don't see going forward if that growth. Number comes back to the two and three quarters percent or something like that annually that we don't see rates. Going far from where they are inventory constraints, when it comes to housing absolutely one of the things that you'll see is the this past month in. New home sales the highest share ever of home sold that are not yet built and you see the fastest pace of sale of existing. Homes that you've seen in years all signs that, there's just, not inventories, Justice repeat. That right homes not built but already sold that's right How does this link in to the mystery wage growth I get the idea there's, a. Halves America and there's a have not America but you're one of the foremost voices of saying this is where our belief in income is. So we can go buy a new family I mean where, are we in that, that Doug Duncan continuum well one of the questions we've, been looking at, it I don't have a firm answer for you yet is when we, look at the aggregate numbers is there a confusion with the boomers who are at high incomes retiring and entry level buyers at low incomes coming in that average makes it look like there's no wage gains if you just look at. Those. Entry level folks in the wage gains and you look at people who are hiring it, seems at significantly higher than what the average number says you've got, something at Fannie Mae call the home purchase sentiment index tell people what it is and. How they can use that to figure out. Perhaps whether it is, the right, or wrong time. To buy A home sure our intent was? To do a survey. Of consumers targeted toward the the household finances which would, drive their decision to where they want to live, and so it it asked a bunch of questions intended to look twelve months out to. Give an, indication what sentiment suggests is going to happen we? Took, the Michigan confidence survey pulled out the housing data, and ran a horse race between the two and the hips you work better what it's been, doing is last month when we released it we said it looks, to us like it's platform because good time to sell a house and bad time of by house were at peaks that didn't mean just because you could make money selling your house if you had to buy another one that, that wouldn't be the time to do that right so the. Leading indication for next month is that that plateauing may well be, confirmed and now folks the question you've been asking for today we say good morning nine sixty the bay area in San Francisco douglaston can Can you explain San Francisco research. Real estate does Fannie Mae have research that explains what we're all witness yeah you know the mayor of San Francisco gave. A speech a. Few days ago in which they said they would trigger to, try to change the zoning rules and let people say that had three floor houses convert those other floors into separate residences because they have such a shortage of housing wages are high land is constrained regulation for building more properties as constrain all that suggests you got a month supply available it's. Called. Zillow is up nine point eight percent this year they predict seven point eight percent. I believe that's, twenty four months Pimm up sixteen percent, in your, joining a, median home value of one point three five. Eight million Somebody sent me a picture ninsula? Somebody sent me a picture of a two bedroom one car garage in? San. Jose that, sold for one point two million can you explain this serves this book POWs it's just micro economics it is there's no place to build was this turnout you studied the history of these do you just assume a regression to a very mean mean what you start seeing is. Companies with low fixed costs start moving out because their workforce they can't. Afford to pay the wage rate that will allow. Their workforce to to live anywhere close, to where they work. So you start to, see anywhere. Starting to see migration this is great Doug Dunkin thank you so much come back when you can figure out, the, New, York City Tom needs some help thanks Hitting Doug. Duncan thank. You. So much appreciate it seriously I go. To the fanny Mae website his research report is monthly research report is jewel on the American, economy and it's in English and it's got like fourteen, charts in, there like. Really really informative, very worthwhile and you know real estate is something everybody. Because they gotta live somewhere failing euro, up here instead of Facebook Facebook down twenty one percent, euro one sixteen. Ninety five but Facebook's stories. It has been a descendants it's.

Fannie Mae Facebook San Francisco Doug Doug Duncan fanny Mae Douglas Duncan America Duncan Zillow Doug Dunkin senior vice president Michigan chief economist Pimm Jose
"doug duncan" Discussed on KBNP AM 1410

KBNP AM 1410

01:45 min | 3 years ago

"doug duncan" Discussed on KBNP AM 1410

"Kbnp this is your bloomberg real estate report i'm denise pellegrini the by to rent business may start to become less profitable for some institutional investors because of some changes in the gop tax overhaul will the cut in corporate tax rates lower the investment hurdle raid for builders so that they will actually expand entry level housing supply doug duncan is chief economist at fannie mae if they do in a significant way in its in these markets where the instutional investors hold the rentals that means capital gain appreciation will probably slow for those investors and duncan says there's something else that may way on the profits of big institutional landlords as we've seen the move of the millennials to buy an away from rent that suggests some potential slowing and rent appreciate asian but dunkin' says if interest rates do rise more rapidly than expected that could chase homebuyers back into rentals and help drive institutional landlords returns higher and that's your bloomberg real estate report i'm denise pellegrini all money managers may seem pretty much the same but while some money managers may recommend high commission investment products fisher investments avoids them some money managers may have hidden layered fees fischer investments never does and while some money managers are happy to earn commissions from you whether you do wilder not fisher investments fees are structured so we do better when you do better in other words we're stretchered to be on your side maybe that's why most of our clients come to us from other money managers talked with us and find out why so many experienced investors are switching.

doug duncan chief economist fannie mae interest rates denise pellegrini bloomberg real estate gop corporate tax dunkin fisher investments wilder
"doug duncan" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:18 min | 3 years ago

"doug duncan" Discussed on Bloomberg Radio New York

"Of money investing in singlefamily home rentals and i'm wondering if you could offer up whether that will be affected in any way by the tax overhaul package said it pass and potentially uh there they're a fairly small segment of the home rental market but they were important at the turn of the crisis to absorb the the supply the a couple things one is will the cutting corporate tax rates lower the investment hurdle rate for builders so that they will actually expand entry level housing supply if they do in a significant way and it's in these markets where the instutional investors hold the rentals that means capital gain appreciation will probably slow for those investors also as we've seen the move of the millennials to buy and away from rent that suggests some potential slowing and rent appreciation so the question is will those two things happen rents slow capital appreciation slows and then does the rest of the pick up on the rest of the economy you mean returns and other asset classes looked better relative to those singlefamily rentals it'll play out over time i don't expect that to happen immediately and again it's relatively small sector rubber in important sector of the rental space but let's say you got a call from someone in a private equity firm that has put a portion of their clients money into these kinds have rental properties a call doug duncan and they say what should i be doing its january now it's going to take time for us to do anything if we actually decide to make a moon what would you suggest they do or what should they look for in order to determine their next course of action would be saying what what are you know about the dynamics of employment in that market first of all and also what's the what are the builders doing in terms of the supply that's going to come into the market because all of those things will impact your holdings in in that marketplace though thing is will will the interest rate increases which we've seen be sustained or will we see more rate increases which might affect the affordability issues for entry level buyers and slow that process that would mean that rent appreciation might slow not slow as much as as you might have anticipated i notice had as an economist you really just posed as a question well head at once were asking you the question in.

doug duncan singlefamily corporate tax
"doug duncan" Discussed on WFAN Sports Radio_FM

WFAN Sports Radio_FM

02:00 min | 3 years ago

"doug duncan" Discussed on WFAN Sports Radio_FM

"Recently passed was only nine years old and i didn't get a diagnosis but i would imagine it would be cancer and we lost our our brady of of a couple of years you in fact i was on my show and right around this time when it happened i was crushed by because of brady was only eight and this is something that happens the golden retrievers they are very susceptible to cancer there is a lot of reasons why that we don't need to get into right now but there is a study called the morris animal foundation where they are they've had three thousand golden retrievers in the study and they're trying to figure out why they are susceptible to this canine cancer or the causes what can be done about it and are doug duncan is part of that study in every year he goes into the vat and they take samples and they my wife has to fill out a questionnaire that takes an hour to fill out about what he eats and where he goes and the environment around and they're doing great work and they know again if you are of a dog lover and if you ever wants to see the founder and love the vac dog their whose bring the vats down instead of a bad boy and you want to contribute morris animal foundation find it online is a very very worthwhile costs okay we will be talking football with eric headed home from pro football weekly coming up next on the fan it's bloomer ngo on the fast i convinced joe though the other day that they were going to knock down that wall and make their office your bathroom already believe that yeah he's are you kidding me are you tell me really big brawl uw gonna knocked out his that's not use the bathroom white the reds bridge warriors guy arizona's breaking new bit of my kidding me is it you'll be surprised i should be surprised as it now john.

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"doug duncan" Discussed on KOIL

KOIL

03:01 min | 3 years ago

"doug duncan" Discussed on KOIL

"The hospital there are preparing for more patience which means more things like broken bones strokes heart attacks there are also stocking up on weddel snake bite anecdotes edel it does not it not addict oats antidotes stocking up on things like gods saline solution an extra blood from the red cross why the antidote for the rattlesnakes well there's another story from the la times this week that says eclipses tend to make animals act strangely eclipse chasers say they've seen birds go quiet in the middle of the day large farm animals will lie down crickets even starch chirp and chickens begin to roost doug duncan director of the fifth planetarium at the university of colorado bolder said he seen some strange things over the years he said he's once saw a line of llamas gather together to watch a total eclipse with him while he was watching eclipse out of bolivia he said another time he was watching eclipse near the galapagos islands and he saw dozens of whales and dolphins swim to the surface of the ocean five minutes before the eclipse began they hung out there until five minutes after the eclipse before returning to the watery depths he recalled interesting story there are you ready for the eclipse coming up soon what is that nine it let's do some simple math here nine days away from the eclipse i don't know what i'll be doing but i'm certainly planning on washington should be interesting but there are two things again you're listening to the danger zone my name is matthew jane's coming up in the show today i want to talk about north korea and i want to ask you a question do you think based on your sunday school teachings are we end times does it feel at the end times do you wars and rumors of wars those are the things i want to talk about coming up on the show here there are two things that make me kind of liberal one is animals bigger conservation i love animals to us war you'll find out what i mean by that next american legion honors our newest generation of warriors veterans please join us.

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"doug duncan" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:32 min | 4 years ago

"doug duncan" Discussed on Bloomberg Radio New York

"By commonwealth financial network the brokerdealer ria eight it's been putting relationships first since 1979 100 why the industry's most satisfied advisor these are head over heels about them visit commonwealth dotcoms mentioned doug duncan going to be here to talk about how said what qismat than that we have some housing data here's but he don't you'd is at the first were desperately hello david strength across the board housing starts up eight point three percent in june of one point two million annual rate i'm doing a little rounding maher eight point three percent gain in june housing permits are building permits i should say a gauge where we're going up 74 percent earlier figures on mortgage applications gained six point three percent so one more time housing starts up eight point three percent one point two one five million at an annual rate we saw gains in both singlefamily homes and multi family projects permits up as well i'm vinny del shoelace bloomberg radio let's go back and you really think so much someone could always always always talked to about the greater sprawl of american economics with a wonderful perspective of north dakota's stated the a college of texas is douglas dunkin' uses zero bs a condiments did fannie mae are you under pressure eighty joins center studios which is a great and beautiful thing are you under pressure by fannie mae to do like any kind of tone about housing i get this question when you're on all the time i don't buy for a minute but neither whether like when i was high company had big conversation with the ceo dan mud at that time it is it is actually what do you.

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