International Investments: South Korea

It’s understandable that many foreign-capital sources have been passive in the U.S. commercial real estate market since the COVID-19 pandemic hit the states. South Korean investors, however, have been far from quiet. Investors from the Land of the Morning Calm have been aggressive opportunists in U.S. properties during the pandemic. South Koreans accounted for $5.24 […]

This spring’s market outlook is more certain than last year’s

At this time last year, commercial mortgage brokers were looking for answers to the unfolding COVID-19 pandemic. Phones weren’t ringing. Deals were getting canceled. What was more unsettling was that nobody had experienced a shock similar to COVID-19. The downturn hit every city and every commercial real estate market in the country nearly at once, […]

As remodeling rebounds, homeowners look beyond HELOCs

Much like the U.S. construction industry as a whole, home remodelers watched demand disappear overnight immediately after the onset of the COVID-19 pandemic. And like other builders, home remodelers saw a strong and welcome rebound. “We went from thinking the bottom had fallen out and the world was coming to an end to … having […]

Inventory crunch holds pending home sales down in February

Pending home sales saw a February plunge, marking the second consecutive month of inventory-driven decline, according to the National Association of Realtors(NAR). The NAR’s Pending Home Sales Index (PHSI) dropped 10.6% month over month to a reading of 110.3 in February. A reading of 100 is equal to the level of contract activity in 2001, […]