Entries by support_8dba

Low Housing Supply Contributes to Housing Price Increases

This past August, the Federal Housing Finance Agency said that a “tight inventory” of homes was a primary contributor to the 1.6% increase in single-family home prices in the second quarter and the 6.6% increase year-over-year. The FHFA’s findings are consistent with data compiled by the National Association of Realtors, which believes that the current […]

Luxury Assisted Living on the Rise in Manhattan

The population of octogenarians in the U.S. is set to double in the next decade, which also means the population of people with Alzheimer’s and dementia will sharply rise. However, in Manhattan, there have been no new assisted living facilities built in over 10 years, so Manhattan is not currently equipped to handle in impending […]

Fed Rates Are Up – Where Do Consumers Feel It Most?

After the 2009 financial crisis in the US, interest rates plummeted, and they’ve only recently started to rise again. Starting in December 2015, the Federal Reserve began to raise the funds rate, and the Federal Open Market Committee has voted to raise rates three time since then. For savers, these rates haven’t affected much – […]

CFPB Faces Challenges in Collecting Data on Small Business Loans

The Consumer Financial Protection Bureau (CFPB) released a statement in May requesting information about the collection of data on small business loans. The Bureau’s request states that the Equal Credit Opportunity Act (part of the Dodd-Frank Act) has been amended to “require financial institutions to compile, maintain, and report information concerning credit applications made by […]

Next Real Estate Frontier: Neighborhoods on Edge of Miami

Millennials and empty-nesters are moving in droves to city centers nationwide, but there are few places where the urban renaissance is more obvious than Miami.   The push has transformed the city into a multi-dimensional metropolis: Neighborhoods that were once overlooked are getting newfound attention from tourists, residents and real estate developers alike.   “The […]

Seniors Housing Inventory Growing Fast

Developers and lenders in the seniors housing sector have for years only allowed new construction to proceed at a modest pace. The development community’s aim was to avoid the mistakes made in past booms, when too many inexperienced operators built too much new product. However, developers have recently picked up the pace a bit as an aging […]