I'm often asked if there is seasonality in the commercial real estate business – do you see increases in activity comparable to, say, the residential real estate business?As we all know, home sales tend to be seasonal. As summer approaches and school ends, families use the summer as a favorable time to relocate.Commercially, unless there is an economic downturn, we tend to see some peaks and bottoms in rental and sales volumes. As the year turns, we see businesses interested in finding new locations. Our activity tends to taper off ahead of tax season in mid-March to mid-April.Transaction volume is…
Author: Private Lending Agent
Industrial real estate sales from mid-June through Labor Day are historically slow, but they were strong in Southern California this summer. (Getty Images/iStockphoto) I'm often asked if there is seasonality in the commercial real estate business – do you see increases in activity comparable to, say, the residential real estate business? As we all know, home sales tend to be seasonal. As summer approaches and school ends, families use the summer as a favorable time to relocate. Commercially, unless there is an economic downturn, we tend to see some peaks and bottoms in rental and sales volumes. As the year…
For rent real estate signThe value of buy-to-let mortgages has shrunk for the first time in 30 years as rising borrowing costs and strict lending rules forced landlords out of the market.Data from UK Finance showed that outstanding mortgage volumes to landlords fell for the first time since 1996, when bespoke loans for property investors were first introduced.According to UK Finance, the number of outstanding mortgage payments to buy to let in the first three months of 2024 totalled 1.98 million, down from 2.039 million in the same period last year and marking the first ever annual decline.The data also…
Marketbeat.com reports that BTIG Research initiated coverage on shares of Claros Mortgage Trust (NYSE:CMTG – FREE REPORT ) in a research note issued to investors on Friday morning, and the firm issued a Neutral rating on the stock. Several other equities research analysts have also commented on the stock. Keefe, Bruyette & Woods lowered their price target on Claros Mortgage Trust from $9.75 to $9.50 and rated the stock as underperform in a research report on Wednesday, April 10th. JPMorgan Chase raised their price target on Claros Mortgage Trust from $8.50 to $9.00 and rated the stock as neutral in…
Say Investments Inc. reduced its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – free report ) by 33.3% during the first quarter, according to its latest 13F filing with the Securities and Exchange Commission. The fund sold 99,324 shares during the quarter, leaving it holding 199,154 shares of the ETF. Say Investments Inc. held about 0.05% of Vanguard Mortgage-Backed Securities ETF worth $9,083,000, according to its latest SEC filing. A number of other institutional investors also modified their holdings in VMBS. Morningstar Investment Services LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 200.4% in the fourth quarter. Morningstar…
Thanks to several interest rate hikes by the Federal Reserve, current savings account interest rates are at their highest in a decade. That said, savings account interest rates vary widely from bank to bank, so when shopping for a savings account, it's important to make sure you're getting the best rate possible. Below is a breakdown of current savings account interest rates and where to find the best offers.Overview of today's savings ratesAccording to the FDIC, the national average savings account interest rate is 0.45%. While that may not seem like much, it's a steep increase in a short amount…
Any affiliate links to products on this page are from partners who pay us a commission (see our advertiser disclosure and partner list for more information), but our opinions are our own. Find out how we rate mortgages and write an unbiased product review. Mortgage rates have been trending lower this month and could continue to fall through the remainder of 2024. Thirty-year mortgage rates averaged about 6.31% this week, down 19 basis points from the previous week, according to Zillow data. The rate easing came in response to data showing the economy continues to cool after a booming past…
Mirae Asset Global Investments Co. Ltd. reduced its holdings in Claros Mortgage Trust, Inc. (NYSE:CMTG – free report ) by 93.2% during the first quarter, according to its latest Form 13F filing with the Securities and Exchange Commission (SEC). The fund held 39,535 shares of the company's stock after selling 538,343 shares during the period. Mirae Asset Global Investments Co. Ltd.'s holdings in Claros Mortgage Trust were worth $386,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds have also modified their holdings in the business. Goldman Sachs Group Inc. increased its…
Leading mortgage brokerage E Mortgage Capital is pleased to announce its expansion into North Dakota, South Dakota, Maine, Kentucky and Arkansas. Irvine, California, United States – July 20, 2024 — This calculated decision has expanded E-Mortgage Capital's operations to 45 states, positioning it to go national by the end of 2024. Only five states remain.The company's progress toward nationwide reach marks a major milestone with E Mortgage Capital's recent expansion into these five states. The addition of Kentucky, Maine, Arkansas, North Dakota and South Dakota enables the company to serve an even broader customer base with its full suite of…
The big picture The new season of Christina on the Coast showcases diverse design trends with an emphasis on wood tones, mixed metals and wallpaper. As Christina celebrates her milestone 40th birthday, she prioritizes peace and slowing down in her personal life. Christina takes on the challenge of flipping homes in a new competition show with her ex-husband and his new partner, adding drama and excitement to the series. Real estate expert and designer Christina Hall continues to dazzle Southern California clients with her astounding renovations and unique design style in the new 11-episode season of HGTV's hit series, “Christina…