Real Estate Credit is Like Bad Medicine
Friday, March 19
As little as a year ago putting together a line of credit for a real estate developer was a simple task. If the developer had a heartbeat and could sign his name he was overqualified. "We don't need no stinking collateral!" we'd say and then the bank would trip over themselves to get the money ou...
New Residential Construction Data for February 2010
Thursday, March 18
The Census Department and HUD recently released a joint reprt on new residential construction data, including single family residential building permit issuances, housing starts, and housing completions.Building permits for February were down 0.2 percent from January 2010. Housing starts were do...
Apartment Investing and Average Expenses in the Pacific Northwest
Thursday, March 18
Dupre & Scott released their Apartment Investment Advisor for the month of March 2010. The report details trends in the apartment market for cities throughout the Pacific Northwest, and includes a survey of over 800 properties and 86,000 units.Dupre & Scott have been the leading apartment...
Real Estate Entrepreneurship
Tuesday, March 16
I had the pleasure recently of moderating a panel on real estate entrepreneurship for the Urban Land Institute in Seattle. The panel was comprised of several of the most inspiring business leaders in the Pacific Northwest region and we discussed everything from mentors and venture capital to pote...
Landlord nation
Thursday, September 24
With the real estate economy in shambles, many would be home flippers have been forced to ditch their plans to sell and take up the business of landlording. In addition, home owners not able to sell their homes after they have moved are also now landlords. There are more and more landlords acr...
4 steps congress can take to improve the real estate market
Thursday, September 24
Several nationally known experts in real estate and the economy shared their perspectives during a recent forum and charity event for the Orange County affiliate of Susan G. Komen for the Cure. Among them, real estate analyst and investor Bruce Norris of The Norris Group in Riverside, CA, recomm...