ARCHIVE - Tag: Fannie Mae

By Andrew Little

Like Joseph, the industrious assistant to Pharaoh in the Bible who hoarded food during seven years of good crops to save Egypt during the ensuing years of drought, many developers are eyeing the economy wondering when the drought is coming.

Well, the first signs may be here. After 6 1⁄2 years of a slowly rising market in commercial real estate, industry data seem to suggest that buyers are taking a breather,

John B. Levy & Company principal Andy Little looks at some of the trends the industry saw in the past quarter as well as the future impacts of Fannie Mae and Freddie Mac.