From the category archives:

commercial real estate

New FHA Guidelines Could Aid Condo Sales

by John TayebDecember 13, 2009 commercial real estate

New Federal Housing Administration condo-loan guidelines that took effect Dec. 8 could make it much easier for condo buyers to get a loan. Under previous guidelines, half the units in a new condo development had to be sold before the FHA would underwrite a mortgage in the complex. New guidelines cut the requirement to 30 [...]

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Geithner Says TARP Will Be Extended

by John TayebDecember 13, 2009 commercial real estate

Treasury Secretary Timothy Geithner told Congress on Wednesday that the government’s financial bailout program, Troubled Asset Relief Program (TARP), will be extended until Oct. 3, 2010. “The recovery of our financial system remains incomplete and near-term shocks to that system could undermine the economic recovery we have seen to date,” Geithner said. He said new [...]

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Bernanke Promises Low Rates

by Tayeb Realty GroupDecember 13, 2009 commercial real estate

Federal Reserve Chair Ben Bernanke said Monday that he could make no guarantees that the current economic recovery will last, but he promised to keep interest rates at low levels for “an extended period.” Central bank officials will discuss monetary policy when they meet Dec. 15-16. Bernanke, who was speaking to the Economic Club of [...]

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NAR: FHA Key to Housing Market and Recovery

by John TayebDecember 7, 2009 commercial real estate

The Federal Housing Administration mortgage insurance program is a critical part of the American housing fabric and has never been more important than it is in today’s market, NAR President Vicki Cox Golder told a congressional panel this week. Testifying before the House Committee on Financial Services, Golder said that the FHA program is fiscally [...]

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30-Year Rates Hit Record Low

by John TayebDecember 6, 2009 commercial real estate

The average interest rate for 30-year mortgages has fallen to the lowest level since Freddie Mac began compiling its weekly survey in 1971, declining to 4.71 percent this week from 4.78 percent a week ago. Rates also were more attractive for 15-year fixed loans, which fell from 4.29 percent to 4.27 percent, but many consumers [...]

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Predictions on Future Mortgage Rates

by John TayebDecember 6, 2009 commercial real estate

What will happen to mortgage rates if the Federal Reserve stops buying mortgage-backed securities next March? If and when that program ends, mortgage rates will rise, but most financial observers say it is very likely they won’t skyrocket. Keith Gumbinger, a vice president at financial publishers HSH Associates, predicts that the end of Fed intervention [...]

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Real Estate Considerations When Buying a Business

by John TayebDecember 4, 2009 commercial real estate

Location can be a primary consideration when purchasing a business. Unless you are planning to operate a business from your home or your own office, you will need to review the location of the business, analyze the current lease, or buy the real estate along with the business. Most businesses rent their space. Many business [...]

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10 Commercial Real Estate Terms You Should Know

by John TayebDecember 3, 2009 commercial real estate

Whether you own or rent your office space, property costs are one of the largest business overhead expenses. That’s why it’s important to comprehend the full ramifications of taking over the title to a property or entering into a lease agreement. Before you sign a lease, work with a commercial real estate broker with a [...]

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