In this article we will discuss the National Market for 2006 and 2007. The condition of the housing sector has a direct impact on the condition of the multi-family market. As predicted, the housing sector slowed in 2006 after setting records for each year from 2000 to 2005. The Commerce Department estimated that October’s new home…
The real estate industry has recently learned of a fraud tactic being used against its customers involved in home purchases. The criminals involved in the fraud cases are using the compromised email accounts of Realtors, title company agents, and loan officers to have customers divert closing money to an account controlled by the criminals, as…
From 2004 to 2006 the U.S. Lodging industry experienced the strongest revpar growth in 22 years. One chain scale that has continued to sustain record-breaking success is the category labeled “midscale without food and beverage.” These properties represent 8,096 hotels with 705,305 guestrooms or 16.6 percent of the total U.S. room supply. Through May 2007,…
Experts had predicted that Millennials would be the renting generation; however, 2015-2016 numbers are proving quite the opposite. According to U.S. News — millennials, who are currently between ages 25 and 34, make up the largest share of homebuyers at 32 percent. As Millennials look for opportunities to build personal wealth they are turning steadily…
Macon, Georgia, a city rich in history and southern charm, is perfectly situated for quick day trips and local getaways. Whether you’re a nature enthusiast, a history buff, or just looking for a relaxing escape, there are plenty of options within a short drive from Macon. Ocmulgee Mounds National Historical Park This beautiful park is…
Find more content like this on Zillow. 1. Make a great first impression: Make your home memorable. Home buying is an emotional purchase, with buyers deciding in the first 30 seconds of seeing the home if this is the one. The front entrance should be warm and welcoming. Photo courtesy of www.buzzfeed.com 2. Clean, Clean,…
As financial institutions are still trying to weather the storm from Subprime Mortgage Crisis, real estate investors should anticipate great challenges in 2008. The instability in the financial markets has had a domino effect in the investment market for commercial real estate assets. It first began with an impact on the lenders which moved right through…
Get ready to celebrate America’s birthday in style! The 4th of July is right around the corner, and communities across the country are gearing up for a day filled with patriotic fun, family-friendly activities, and unforgettable fireworks displays. Whether you’re looking for a laid-back picnic in the park, a lively parade, or a night sky…
I’m sure a lot of people would like to know what a Subprime Mortgage is and what exactly happened last Summer that resulted in the Subprime Mortgage meltdown. I think it is important to understand what events occurred that got us in this Credit crisis and how it has spilled over into commercial real estate. It…
Much has happened in the world since our last newsletter. We have “officially” entered into an economic recession that has negatively impacted virtually every industry. No one really knows for sure but most knowledgeable folks seem to believe that we can hope to emerge from this downturn late this year or early 2010. Real Estate,…
