Property Management News
The recent increase in interest rates is forcing institutions and investors to reassess growth strategies in the single-family rental market, according to a report from Yardi Matrix. “With home sales cooling as rising mortgage rates bump up against soaring property values, institutional single-family rental property companies are adjusting growth strategies and facing the prospect of lower total returns,” the report says. Growth in the near future, however, may be concentrated on build-to-rent projects, which are being delivered at record levels. Institutional Ownership Of Single-Family Rentals Institutions’ growth is currently focused on build-to-rent projects or acquiring... Read more
By Bob Voelker, author of Mastering the Complexities of Real Estate Development New developers come into the real estate development field in a variety of ways –...
Whether you’re a homebuyer or a home seller, you’ll end up a home negotiator at some point in the process. The transactional nature of real estate exchanges means...
There’s been a lot of talk these days about whether the US economy is in a recession or not. And this has been muddied by the fact that the White House recently made...
If you’re in the market for a pricy house, you may now be able to borrow up to $715,000 without the extra costs incurred by oversized “jumbo” loans. Multiple...
A new analysis from real estate brokerage Redfin finds that mortgage rates are the most volatile they’ve been in 35 years. Between July and September, the company found that on average, rates moved by half a percentage every four weeks — making the period the most volatile time for mortgage rates since 1987. Those big swings can translate into major headaches for hopeful buyers, who may find themselves looking at tens of thousands of dollars more in mortgage costs at closing than they anticipated when starting their home searches. Redfin gives this example from a hypothetical buyer who began searching for a $500,000 home in July. That month, when mortgage rates were at 5.7%, that... Read more
Chicago had one of the nation’s highest foreclosure rates in the first half of 2022 as the end of moratoriums pushed the numbers back toward pre-pandemic levels. Some...
Aid has run dry, but nonpaying tenants remain shielded from eviction. When New York’s rent relief program launched early last summer, landlords saw a light at the end...
Hard assets such as commercial real estate tend to retain their values during periods of high inflation. Not that we needed it, but last week we received another...
By Terry Painter, President of Apartment Loan Store and author of The Encyclopedia of Commercial Real Estate Advice I have worked as a commercial mortgage banker...
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