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The average 30-year fixed mortgage rate reached 6.7 percent, according to Freddie Mac’s weekly survey of lenders. The figure marks the sixth straight week the average increased and the highest average rate since July 2007. CLICK ON THE HEADLINE FOR MORE
The Sun Belt fielded the lion’s share of migration spurred by the pandemic, and it has the land costs to prove it. The region’s average price of vacant land per acre more than doubled over the past two year. This in turn is keeping a vicious cycle in motion by making it more difficult to build and exacerbating local housing shortages. CLICK ON THE HEADLINE FOR MORE
Many construction managers, architects and developers are not even aware there is a shortage of sand, a material often taken for granted as a resource in endless supply. This key construction material is now stretching budgets and timelines. CLICK ON THE HEADLINE FOR MORE
Amidst all the commentary that usually accompanies inflated economies, you may hear the word “hedge” thrown around quite a few times. And while many asset classes can help provide a hedge against inflation, how can commercial real estate be utilized specifically as a hedge? CLICK ON THE HEADLINE FOR MORE
If you’re a commercial real estate owner or landlord, you should have a plan to mitigate the effects of a natural disaster on your business or your tenants. Natural disasters are often not preventable, but you can take steps to protect yourself, your tenants and your property. CLICK ON THE HEADLINE FOR MORE