BWE has obtained a $43.2m loan through the HUD 221(d)(4) mortgage insurance programme to finance Canyon del Rio Village, a new 170-unit apartment community in Flagstaff, Arizona, US. This funding marks a significant investment in the city’s housing market, aiming to meet the growing demand for quality rental properties. The loan was originated by BWE’s…
By: Despite inflation easing, the core Personal Consumption Expenditures (PCE) price index remains at 2.8%, above the Fed’s 2% target, potentially slowing … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
The $500 billion commercial real estate financing market is finally getting the shake-up it needs—technology is cutting through red tape, speeding up deals, and bringing transparency to an industry … [wpts_spin]{Read|See} the {entire|full} article {on|about} real estate tech innovations, or, read more news about {Arizona real estate investing|real estate investing in Arizona|real estate investing in…
By: Getty ImagesMortgage costs are rising – with the average rate on a two-year fixed deal now at 5.5% – despite a recent cut in interest rates.A string of lenders, including Barclays, HSBC, NatWest and Nationwide, have increased the rates charged on new fixed deals in recent days.That has created a headache for borrowers hoping…
Blockchain use cases have exploded, with the technology making its way into everything from tokenizing pixel art to fantasy football leagues to digital worlds where you can buy virtual real estate. [wpts_spin]{Read|See} the {entire|full} article {on|about} real estate tech innovations, or, read more news about {Arizona real estate investing|real estate investing in Arizona|real estate investing…
Commercial Real Estate … The city of Coolidge has approved a site plan for an initial phase of Procter and Gamble’s manufacturing campus in Arizona. See the full article on Arizona zoning regulations, or, read more Arizona real estate investing news. It’s up to you!
The Labor Department reports that first-time unemployment claims fell to a six-month low last week. During that period, 217,000 people filed new claims for unemployment insurance . Back in the summer and early fall, that number spiked as high as 260,000, said economist Tuan Nguyen at consulting firm RSM. The Labor Department reports that first-time…
Arizona is facing a severe housing shortage, and the time is now for business leaders to rally around proven solutions that address it.Central to this effort is the State Low-Income Housing Tax Credit (LIHTC) program, an essential tool in creating affordable housing in Arizona since its establishment in 2021.This program mirrors the success of the…
In October, mortgage rates were around 8%, but that didn’t deter home sellers. Data compiled by CoreLogic shows home prices that month were 4.7% higher than in October 2022.But all real estate is local. Price changes varied from market to market across the country.To provide a visual element to these price changes, the Federal Reserve…
By: “An increase in the nowcast of fourth-quarter real personal consumption expenditures growth was offset by a decrease in the nowcast of fourth … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!