Industry News

Credit crunch a huge concern for this blogger

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

Noah Rosenblatt is a senior associate broker with Citi Habitats in New York City but perhaps is better known for his blog UrbanDigs, which explores macroeconomic discussions and investment strategies for Manhattan real estate. On a given week, UrbanDigs will explore the impact of the latest Federal Reserve actions with short-term interest rates, the state of the current credit crunch, and analysis of the latest housing forecasts. The blog benefits from Rosenblatt's background on Wall Street and knowledge of financial and real estate markets, and caught the attention of Inman News, which awarded it "Most Innovative Blog of 2006." Rosenblatt will speak at Real Estate Connect in New York City, Jan. 9-11, 2008. He answered a set of questions posed by Inman News: What do you see happening in the real estate market in 2008? Still slumping. Vulture investors should definitely keep their eyes open as we are getting close to what may ultimately be known as the worst part of the housing slump o...