Today I was invited to appear on Fox Business Live with Alexis Glick and Connell McShane. Before we got started, I plugged my Twitter address because Twitter was discussed at length during the prior segment before I came on the set and Connell was hard-selling live blogging, Facebook and Twitter interaction on the show. Fun!

The segment was called: “Future of the Housing Market” runs about 6 minutes. I was paired with Tony Crescenzi of Miller Tabak, who was very sharp and easy to understand. He was the guest for the whole hour and I was brought in for one spot within the show.

View the clip.


  1. Pie Safe » Blog Archive » Real Estate February 24, 2009 at 5:47 am

    […] year or two – I’ve discovered this guy Jonathan Miller. He’s very clear and insightful. Here he is speaking to some Fox news people on one of their shows. I thought this was an excellent bit, and I […]

  2. Edd Gillespie February 24, 2009 at 4:15 pm

    I looked at it.
    Question: You said the bank situation, and I assume by extension the economy, will not improve until the value of the collateral is known (or something like that). Were you speaking of the value of MBSs and CDOs or the value of the collateral?
    My understanding is that the banks can’t crank up the money flow until there are investors to buy loans.
    I do not understand what the toxic asset are. I assume they are talking of all these bad sub-prime loans, but there just can’t be that many to wreck this kind of havoc. If toxic assets are the problem what are they and how will government purchase of them improve anything?

    • Jonathan J. Miller February 28, 2009 at 4:13 pm

      That’s the problem – there is so much of that out there – lenders anticipate future losses and have become all about self-preservation.

  3. Lee Trice February 28, 2009 at 3:20 pm

    Jonathan – great job as always. However, I would humbly suggest that you add equity (or lack thereof)as a fundamental problem of equal impact as reduced credit availability. Other than first time home buyers, the market is frozen since so many are upside down. Unlike investing in bonds and equities, real estate is usually highly leveraged. Until the market can find its bottom and the mortgage debt hangover is resolved, the real estate market will be compromised.

    • Jonathan J. Miller February 28, 2009 at 4:11 pm

      Lee – Thanks, I agree with you completely – sorry not be very clear. I guess when I am speaking to credit crunch, it’s inferred that loss in equity is part of the problem. Sort of self-fulfilling – lenders tighten down the hatches and cause damage to the very collateral (equity) they are trying to protect.

Comments are closed.