Monday, October 19, 2009

CRE Prices continue downward, FDIC failed, and other news you already read somewhere else

Calculated Risk has a summary of the CPPI index which is now off another 3%, or 41% off the peak. Obviously some markets (*cough, cough* LA recent transaction was 70% below 2007 purchase) are worse than others. He has a cute little graph in there too showing how resi leads cre, but it wouldn't link for some reason.

CR also has a summary of the article out on BBG earlier today about how the FDIC failed as a regulator. Nothing really new here.

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