As the impact from the measures to stem the spread of COVID-19 takes hold of irtually every sector of the U.S. economy, real estate economists are revisiting their predictions for 2020 made at the beginning of the year. Just over two months ago, industry economists were saying 2020 activity should largely mirror the level seen […]
A common worry in 2019 was the specter of “the next recession.” Economists spent the better part of the year warning us about how we’re overdue for a crash and from the New York Times to the Wall Street Journal, media outlets ran stories and opinions about the next downturn—what would signal it, when it […]
This post originally appeared on tBL member Michael Kushner's blog Omni Realty Group and is republished with permission. Find out how to syndicate your content with theBrokerList. Commercial real estate lending, the bread-and-butter business for many smaller and regional banks, could further decrease in 2020. The cause is a combination of a few different factors […]
There are many mistakes you can make when it comes to finding the right self-storage for your needs. Storage units come in a variety of configurations from many different companies. Understanding the industry will help you pick the right unit for your current use case. You also need to understand your area to know which […]
If you own a boat, then boat storage in WA becomes very crucial for you. Owning a boat will provide you the opportunities to enjoy in the water. Whether you’re making short or long trips, taking proper care of your boat is really very important. You must also be aware of the boat storage units […]
My beautiful, and forever youthful bride and I celebrated our 40th anniversary recently. 40 years! Right? I realize that many of you reading this column aren’t even 40 years old. In fact our oldest turned 36 a couple of weeks ago. AMAZING! As I reflected on our lives together, it dawned on me that for […]
Despite the rising cost of land, labor and materials, more developers are finding the financing tools needed to build new affordable housing. “There is higher production in 2018 than 2017, thanks to a robust bond market—that has been driving a lot of activity,” says Peter Lawrence, director of public policy and government relations in the […]
A major Trump administration rewrite of the fair housing regulations that govern federal development grants is inching closer to completion. In late December, the U.S. Department of Housing and Urban Development (HUD) sent Congress a proposed rule that would ask localities receiving federal housing funding to report on their housing market outcomes, and then propose […]
The $14.5-million sale of the Sand Cove Apartments in St. Pete Beach, Fla. last month isn’t a deal that would normally stand out amid the crowded field of mega-sales and portfolio acquisitions that occurred in 2019. What is eye-catching is that the sale price on the 72-unit property surpassed $200,000 per unit—the highest price paid […]
First, setting a price allows potential buyers to make a more meaningful comparison of your property to the competition. If your property is comparably priced, but has physical and locational characteristics that are superior to other available properties, potential buyers will be able to get a better sense of overall value. After all, whoever buys […]