Commercial Real Estate Property Types
Commercial property assets can be allocated amoung four major property types: Apartments/Multifamily Office Retail Industrial Other property types in the commercial sector include self-storage facilities, healthcare properties, hotel/lodging accommodations, and senior living facilities. Here we’ll talk about the primary groupings. Office: Office buildings range from large multi-tenant structures in city business districts to single-tenant buildings. Rents […]
Read MoreIs the Housing Market Correcting?
If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the housing market crashing or correcting? Here’s what you need to know. The housing market is moderating compared to the last two years, but what we need […]
Read MoreAdvantages of Selling Your Home When Inventory is Low
If you’re new to real estate lingo, you might be wondering what low inventory means for selling your home. Low inventory is when the amount of homes available on the market is at its lowest. Whether it’s from seasonal cycles, employment rates or unforeseen circumstances (such as an economic crisis), a decrease in homes on […]
Read MoreThe Average Homeowner Gained $64K in Equity over the Past Year
If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. Based on recent home price appreciation, you’re building that equity far faster than you may expect. Here’s how it works. Because there’s […]
Read MoreWhy a Listing’s Square Footage Might Differ From the Appraisal
If you’re buying a home, the listing will likely include the square footage, a key selling point. But if you make an offer that’s accepted and you’ve moved onto the appraisal step in the process, you might be surprised to find out that the appraiser’s square footage is different from what’s on the listing. Why? […]
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