A weekend topic starting with Strong Towns. "In 2008, the list of investors swimming naked was long. Among them were America’s banks, big and small. Their reserves were investments believed to be the most secure, including AA- and AAA-rated mortgage-backed…
A weekend topic starting with WCPO in Ohio. "One of downtown’s largest office properties is seeking $45 million in tax breaks to help it convert part of its space into 205 apartments. Owners of the Atrium One and Atrium Two…
A press release from the Coronado Times. "Record home price appreciation in the last few years has pushed tappable home equity to new heights! According to Black Knight, the third quarter of 2021 saw a nearly $250 billion increase in…
It's Friday desk clearing time for this blogger. "Christian Chapman, a former underwriter at Better.com, has worked in the mortgage business for almost 20 years and has been laid off by three other mortgage companies in the past. However, none…
A report from the Wall Street Journal. "An unusually high number of homes across the country are being appraised below their agreed-upon sales prices, causing a number of deals to collapse. In recent months, during the height of the boom,…
A report from Bisnow New York. "The coronavirus pandemic brought New York City’s office market to a screeching halt. Adding to landlord concerns is the seemingly constant new supply of space. 'If they [refinanced] recently, this is the problem,' added…