Redfin: Homebuyer demand sees moderate recovery as mortgage rates recede
Homebuying demand, which has been battered of late due to the double whammy of elevated prices and high mortgage rates, has started to see a modest rebound as rates have descended, according to a new report from Redfin. After mortgage rates peaked above 7% one month earlier, daily rates slipped to an average of 6.29% […]
Spotlight: Atlantic Region
Economic recovery is being hampered across these states.
Doug Ressler, Yardi Matrix
Multifamily remains a strong investment sector
Conditions tighten for pockets of low-income renters
With core inflation reaching a scorching 40-year high and real disposable personal income trending back to pre-pandemic levels, housing affordability has become a major topic in 2022. According to a Moody’s Analytics report from the third quarter of this year, the proportion of rent to household income (aka rent burden) went up in 90% of…...
International Investments: United Kingdom
Board a flight from New York City and you can “hop across the pond” to London in less than eight hours. As long-time allies, the U.S. and the United Kingdom are inextricably linked. The U.S. was the U.K.’s largest trade partner during the year ending in March 2022, accounting for 16.6% of British imports and…...
The out-of-office debate continues
Jamie Dimon, CEO of JPMorgan Chase, says that employees face alienation if things don’t change. Goldman Sachs CEO David Solomon called it “an aberration that we are going to correct as soon as possible.” But Apple’s Tim Cook and Microsoft’s Satya Nadella are comfortable with it, while the “Oracle of Omaha” himself, Warren Buffett, says…...
Apples or Oranges?
Choosing between a bridge loan and a permanent loan can be crucial to client success
Hidden Treasures
Joint venture equity may be a solution for smaller real estate deals
Leasing the Green Way
These arrangements offer landlords and tenants a path to environmental friendliness
Funding In A Flash
The SBA’s fast financing program can help small businesses