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How to Build Business Credit for Real Estate
Source: Credit . com --- Buying and selling real estate for commercial purposes can be an expensive endeavor. Many real estate investors typically have to start out using their own funds or personal credit to cover the cost of their new properties, even when they’re...
How hot is California real estate? It got 99% of its jobs back
Source: Record-Bee --- California’s real estate industry — powered by low mortgage rates, a homebuying binge and a construction push — is nearly back to its pre-pandemic employment levels. When my trusty spreadsheet looked at state jobs data, 15 property-related...
Pocketbook Issues
Source: Scotsman Guide --- The world of loan payments has transformed dramatically over the past year due to the COVID-19 pandemic. Borrowers want and need more from their lenders, including expanded options on when, where and how to make payment. Lenders and...
More lenders expect profit pullback in months ahead
Source: Scotsman Guide --- Sixty-nine percent of lenders believe profit margins will decrease in the three months ahead, according to the Q2 2021 Mortgage Lender Sentiment Survey from Fannie Mae. That’s down from 52% in the quarter prior, making it three straight...
Unsolicited offers abound as investors hope to profit from housing stock shortage
Source: Realty Biz News --- Homeowners in small town America say they’re being pestered with speculative inquiries on their homes, even though they’re not listed for sale. And in some cases the speculation is hitting ridiculous levels, with one homeowner claiming to...
That Indoor Basketball Court May Be Flashy, but Don’t Expect It To Boost Your Resale Value
Source: Realtor . com --- Even high-profile athletes aren’t exempt from the realities of the real estate market, and both Shaquille O’Neal and Michael Jordan have struggled for years to sell high-priced properties decked out with regulation-sized indoor basketball...
