How the Economy Affects Real Estate? The overall economic conditions impact real estate prices. Economic conditions are measured by evaluating economic indicators, including, among others, employment data, GDP, manufacturing activity, and inflation. In general, if the economy is slow, real estate follows a similar trend. Some of the economic factors that affect real estate prices include: Interest Rates – Shifts
You can use standard commercial loans to purchase equipment, fund marketing campaigns, or sort out your cash flow issues. However, if you’re looking for ways to finance the purchase or lease of a commercial property, the standard business loan may be inadequate for your needs. This is where commercial real estate loans come in handy. Here’s some more information on this
Are you looking to build or buy an income-producing property in California? Such investments are usually far more capital-intensive than their residential counterparts. For that reason, you may consider taking out a commercial real estate loan to finance your project. Read on to learn about the different types of mortgages available for revenue-generating properties and where to obtain them. What
Whether you’re planning to acquire your first commercial real estate or expand your property portfolio, you will likely need financing. This is because, similar to a home mortgage, you can use a commercial loan to buy a commercial property outright or fund improvements in your existing commercial space. However, the commercial lending process is typically fraught with uncertainty. This commercial
Currently, the index value of the commercial property price in the U.S. is 185.62, as reported by Statista. Over recent years, this cost has gradually risen due to factors like the state of the economy, increased demand for housing, and rising interest rates. On the other hand, construction costs for a particular property depend on several factors, including location, size,
Every year, at least 29% of startups fail due to cash flow problems, as reported by Statista. Those who opt for commercial loans to boost their financial strength survive longer than the rest. To determine commercial loan eligibility of a business, more than 80% of banks consider factors such as business liquidity, business age, owner experience, owner net worth, and
For many business owners, knowing the process of preparing a commercial loan package can be one of the most resourceful tools. Although this process may seem overwhelming and even frustrating, it is very important to get right when considering your financial future. When preparing your commercial loan application, here is what you need to know about preparing a financial package.
Commercial and residential real estate are different in more ways than one. When most people think about real estate, they picture a single-family home. However, that’s just one option when it comes to the many types of properties to invest or work in. Each industry has its own risks and benefits. Take a look at the ways in which commercial
Millennials, those born between 1982 and 2004, entered the job market during one of the most difficult times that the nation experienced – the Great Recession. Loaded with student debt, no savings, big dreams, and skills learned while taking unpaid internships, millennials were trying to navigate the jobs market when large businesses were letting seasoned staff go. However, with their