by Glen | Dec 29, 2020 | Housing Price Trends / Information, Property Valuation, Residential hard money
I was amazed that there hasn’t been much fanfare about Costar’s recent purchase. Costar is the largest commercial property data company (Loopnet, Costar, Apartment.com, etc…) with a market cap of 35 billion dollars. The Homesnap purchase is an indicator of things...
by Glen | Dec 18, 2020 | About Fairview Commercial Lending
I wanted to wish everyone a Happy and Healthy holiday season. With all the craziness going on, it is still nice to relish in the “creativity” of our fellow Man/Woman. As I am driving down the road, ironically not far from where the real Christmas Vacation was filmed...
by Glen | Dec 11, 2020 | interest rates, real estate investing, Real Estate Trends, Real estate Valuation
Mortgage rates just blew through another record with the 30-year fixed rate dropping to 2.75%. If you have been watching the mortgage market, your head is likely spinning. How can mortgage rates go this low? Where do we go from here? How will the next president...
by Glen | Nov 11, 2020 | hard money, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, residential lending valuation
Almost 10% of all government sponsored mortgages entered mortgage forbearance which accounts for almost 841 billion dollars in loans. 4 in 5 workers say they live paycheck to paycheck, with around 30 million people unemployed, the numbers could be daunting. Yet the...
by Glen | Oct 30, 2020 | commercial hard money, Commercial Lending valuation, commercial property trends, Property Valuation
It is ironic in 2007 and 2008, I was asked by our accountant to value properties and loans on our books due to the last cycle. I told her I had no clue, there were too many unknowns. Commercial real estate is starting the same cycle that residential real estate saw...
