The main reason for the increase in average construction cost is lumber prices, which have risen steadily over the past year and are expected to continue their climb in 2014.
Read More »Investors target soured home loans for potential
Nonperforming loans, or NPLs, are selling at 60 percent to 80 percent of estimated property values, offering the “cleanest exposure” to housing.
Read More »Big city home prices rise most in 8 years
Home prices in 20 U.S. cities rose in November from a year ago by the most in almost eight years.
Read More »Report: Refinancing for commercial real estate may become tougher
A national analytics firm estimates $1.4 trillion of commercial mortgages issued before the recession are expected to mature within the next four years.
Read More »Commercial real estate to rebound nationally in 2014
The rebounding national economy should help return both investment and interest into the national commercial real estate market.
Tagged with: commercial real estate
Read More »Real estate political correctness run amok
Real estate listings in some parts of the country are getting a political correctness makeover.
Tagged with: real estate
Read More »Commentary: What is an SNDA and who needs one?
One of the closing documents in a real estate financing transaction involving leased property is a subordination, non-disturbance, and attornment agreement (an “SNDA”).
Read More »Growth is lackluster in commercial property sector
National economic uncertainties continued to plague portions of the national market.
Tagged with: commercial real estate
Read More »OSHA extends comment period for workplace injury, illness rule changes
The public will have an extra month to weigh in on proposed workplace injury and illness recordkeeping rule changes.
Tagged with: OSHA
Read More »Commentary: 14 construction apps for 2014
The latest construction apps — there are nearly 13,000 of them now — take projects from planning phase to completion.
Read More »Pending sales of existing homes disappoint
Contracts to purchase previously owned U.S. homes rose less than forecast in November, indicating higher borrowing costs are holding back the recovery in residential real estate.
Tagged with: existing home sales home sales
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