Posted by: Carleton Sheets in Vacant, Vacancy, unemployment, Trend, Tenant, Renter, rent, Real Estate Market, commercial real estate, commercial property, apartment on
Jul 13, 2009.
A recent report on CNNMoney.com about apartment vacancies reaching historic levels reminded me of one of my blogs I wrote last October, Where Are All the Renters?, and another one, Bringing Families Closer Together, that I posted in February of this year.
The CNN article talks about how the rising unemployment rate has hurt apartment rentals. One demographic hit hard---the 18-25 year olds
Posted by: Carleton Sheets in Value, Tenant, Residential, Refinance, Real Estate Market, Real Estate Investor, Real Estate, Market Value, commercial real estate, Commercial Lending, Commercial on
May 26, 2009.
I'm sure you've been reading more and more about how the commercial real estate market is following in the footsteps of the residential real estate market. And perhaps you've been wondering how these markets are different. Well, let me explain.
First of all, both markets suffer as bad mortgages, the credit crunch, and plummeting values affect homeowners and residential and commercial
Posted by: Carleton Sheets in Real Estate Market, Real Estate, mortgage, Land, Housing Market, Foreclosure, Economy, Credit crunch, commercial real estate, Commercial Lending, Builder on
Jan 26, 2009.
Builders can't seem to get a break. Those who managed to weather the economic storm so far are coming under fire again---according to a recent article in The New York Times. When I first read the article, I couldn't help but agree that the home-building industry "faces a devastating reversal of fortune," and I wasn't surprised that some lenders are foreclosing on newly constructed
Posted by: Carleton Sheets in Real Estate Market, Real Estate, Loan, Interest Rate, Housing Market, Foreclosure, Economy, commercial real estate, Commercial, balloon mortage on
Jan 19, 2009.
Just like you, I have been reading reports in the media that housing prices are not at the bottom yet. Whether this is true or not remains to be seen, but I continue to remain optimistic that the real estate market will turn around---it has always rebounded in the past, and I firmly believe that it will continue to do so in the future.
However, a colleague of mine at the Professional
