Source: WTOP News— The National Association of Realtors has released a years’ worth of research on how the housing market has changed — and the answer is a lot. Aside from skyrocketing prices, stiff competition among potential buyers and a record speed at which...
Source: Forbes — Commercial real estate financing structures often include not only mortgage loans but also mezzanine loans. These latter loans are secured by pledges of ownership interests in the mortgage borrower. If the mezzanine loan defaults, the mezzanine...
Source: Motley Fool — Key Points Millennials now outnumber baby boomers and account for more than half of new mortgage applications. Gen X was the biggest buyer just five years ago but has seen its share slip ever since. High-tech markets and some major...
Source: Refinery 29 — Pregnant women and new mothers who apply for mortgages with some of the UK’s biggest lenders are being declined because taking time out from work will cause a temporary drop in earnings, Refinery29 has learned. Thirty-two-year-old...
Source: Vermont Biz — The pressures on Washington County’s housing market essentially condense down to affordability and availability. According to Karen Hatcher, the national vacancy rate is 6.7 percent. Vermont’s is 3.4 percent. Washington County’s is even...
Source: Long Island Business News — The Long Island real estate industry joined business and trade groups in praising the inclusion of an increase in the controversial SALT cap in the Build Back Better legislation passed by the U.S. House of Representatives...
