In the last posting, we considered some of the issues surrounding the use of a residence as a retail establishment. This installment again looks at converting a part of a house for business purposes --
The COVID-19 pandemic responses gave many workers a taste for doing their jobs at home. Without commutes and confrontations, the workday became much more civilized and much less stressful.
In the last post, we looked at how bank failures can lead investors to bonds which, subsequently, pressure mortgage lenders to lower their interest rates. In this installment, we examine the implosion of a bank and how its real estate assets are consequently impacted.
Safety and security are core human aspirations. These instincts show up in many areas of our lives, especially our finances and investments. Most everyone keeps their hard-earned money in a bank, where brick, mortar and electronic safeguards secure it for later use.
For those blessed with the capacity to purchase a home, a number of choices abound: geography, number of bedrooms, attached/detached garage, finished vs. unfinished basement etc. For all these options, however, a more fundamental question challenges buyers.
What is the American Dream if not a house and a yard at which to raise a family and enjoy the fruits of one's hard work? News outlets and policy makers talk much of how to make that dream more affordable for people.
The last few years took a toll on many sectors of the U.S. economy, home building prominent among them.
The COVID-19 pandemic created economic hardships for much of 2020 and 2021. Many, who could not do their jobs remotely, were laid off by employers on a temporary basis. In some cases, those contingent hiatuses became permanent unemployment.
Owning raw land has real potential along with its share of pitfalls. Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition.