Highlands Residential Mortgage announced that Dan Carson recently joined the company as senior vice president and area manager of the Dallas Park Cities branch. Carson has more than 10 years of experience in the mortgage industry, having previously held leadership positions at OriginPoint, Willow Bend Mortgage Co., PrimeLending and PNC Bank. Dan Carson “I couldn't be happier to join a local company with a growing national presence and look forward to sharing our story and being part of its next wave of growth,” Carson said in a statement. “I love the mortgage industry and can't wait to share that passion…
Author: Private Lending Agent
How much should you save for retirement: chart We calculated exactly how much money you would need to save to retire within various time periods. Before looking at the graph, we made three assumptions to calculate how much you need to save for retirement. First, we assumed a 10% annual rate of return on investments. This number may seem high, but consider that the historical return of the S&P 500 stock market is about 10.5% per year. You can also earn higher cash-on-cash returns on rental properties by using leverage in real estate investing. The second assumption is that your…
Downward angle icon Downward angle icon. The commercial real estate sector is already showing signs of distress, with $1 trillion in debt coming due this year. Gary Hirschhorn/Getty Images As commercial real estate woes deepen, real estate investors are setting aside billions of dollars in cash. Private equity firms have allocated more than $250 billion to North American commercial real estate, Bloomberg reports. Investors have been keeping an eye on the sector's woes amid high interest rates and falling values. Commercial real estate investors are preparing to put their money to work as high interest rates and remote work continue…
The Federal Reserve may start cutting interest rates before the end of the year, which could make international travel more expensive for Americans in the future.That depends on how interest rate policy affects the strength of the US dollar.The basic idea is this: A rising U.S. interest rate environment relative to other countries is generally “positive for the dollar,” said Jonathan Petersen, senior market economist and foreign exchange expert at Capital Economics.In other words, higher interest rates support a stronger U.S. dollar against foreign currencies, allowing Americans to buy more with their money abroad.Petersen said the opposite trend — lower…
Our Chesapeake, VA brokerages are distinguished by their integrity, innovation and strong commitment to the community, making them the best choice for buyers and sellers in the Hampton Roads area. PLANO, TX – July 9, 2024: Leading real estate brand JPAR today announced the addition of its newest franchise office, Shipmate Real Estate +JPAR, at 4631 Desert Road in Chesapeake, Virginia. The office will serve the thriving Hampton Roads market, including Williamsburg, Suffolk, Hampton, Newport News, Chesapeake, Virginia Beach and Norfolk. Under the leadership of Broker/Owner Keisha Rorie, Shipmate Real Estate +JPAR is poised to drive excellence and innovation in…
Lansing Melbourne Group and Denholtz Properties Grand Opening of Novi Rise in Concord, North Carolina July 10, 2024 The completion of the 167-unit complex is the latest chapter in the partnership's ambitious vision for the city. Executives from Lansing Melbourne Group (LMG), a boutique developer specializing in public-private partnerships, and Denholz Properties, a leading commercial real estate investment and development firm, joined Concord, North Carolina Mayor Bill Dash and local officials at the grand opening of Novi Rise, a 167-unit mixed-use development located at 30 South Market Street in Concord, North Carolina on July 10. The seven-story Novi Rise is…
A new study by the Alaska Housing Finance Corporation (AHFC) shows that home prices are set to rise above their peak in 2022 and 2023, and mortgage rates have risen by more than 50% over the past six years, making it increasingly difficult for residents to buy a home in Alaska.The study, released June 19, found that the average principal and interest payments on homes purchased in Alaska will increase by 52% between 2018 and 2024. Newsweek reached out to AHFC by phone Wednesday morning for comment.In addition to relatively high home prices, rising mortgage rates are likely another factor…
Dixie Summers Welcome to our guide comparing renters insurance and homeowners insurance coverage. Whether you rent or own your own home, having insurance is essential to protect your belongings and ensure financial security if the unexpected occurs. In this article, we'll explain the key differences between these two types of insurance and help you decide which policy best suits your specific needs. Let's get started! What is renters insurance?Renters insurance is a type of insurance that provides coverage to individuals who rent a home, apartment, or other residence. This type of insurance typically covers personal belongings, liability protection, and additional…
This post originally appeared on MDL Group's blog and has been republished with permission. Learn how to syndicate your content on theBrokerList. As the market leader in commercial property management and brokerage in Las Vegas, we are committed to not only meeting but exceeding our clients' expectations, and one of the keys to our success is transparency.We believe in being open and honest with our clients and will never play the typical “broker games” – for example, telling them they have a hidden buyer and then trying to get them to lower their price later – so we've compiled a…
According to a report by the Confederation of Indian Industry and CBRE, India's IT hub, Bangalore, is expected to continue to lead the country's commercial real estate market with 330-340 million square feet of office stock by 2030. Bengaluru is expected to dominate India's commercial real estate market with 330-340 million square feet of office stock by 2030, according to a report released at a CII-CBRE event in the city on July 10. (CBRE India) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The report, titled “Karnataka Outlook: A Journey for Real Estate Excellence in the South”, released in Bengaluru on July 10, highlighted…