As one Register columnist once wrote, “they’re only opinions, but they’re all mine!” Today, I purge my inbox for another edition of a random commercial real estate thoughts. I find the occasional purge cathartic. So here it goes.
Read more: https://bit.ly/3AJwvJ0
Q: Our condo association sent out notice of a board meeting where the new budget for the upcoming year will be passed by the board, and it had the proposed budget attached to it. The proposed budget looks like it’s a significant increase in the amount of assessments. Isn’t that something that the unit owners have a right to vote on before it is passed by the board?
Read more: https://bit.ly/3o6Q4aP
Landlords in San Francisco are suing the city after a rent relief bill was proposed to relieve debt for small businesses. The bill would erase debt.
Like other mountain communities, Winter Park is facing a home affordability crisis that has been exacerbated by COVID.
Read more: https://yhoo.it/3AHxMQO
Thanks to a tough political climate you could see a lower property tax bill
Mortgage rates jumped higher this week. It could be just the beginning of an upward trend.
Read more: https://cnb.cx/3u9bRzn
“Rich Dad Poor Dad” author Robert Kiyosaki expects the Evergrande debt crisis to hammer US stocks and real estate, resulting in bargains for shrewd investors but a financial nightmare for the reckless and unprepared.
Read more: https://bit.ly/3lPDNVs
Sales of previously owned homes declined 2% in August from July to a seasonally adjusted annualized rate of 5.88 million units, according to the National Association of Realtors.
Read more: https://cnb.cx/39v7dSM
(Bloomberg) — Bilt Rewards, which offers a loyalty program and credit card that converts rent into reward points, raised $60 million from investors including Mastercard Inc. and Wells Fargo & Co., giving the startup a $350 million valuation.
Read more: https://yhoo.it/39pdsYk
A survey from the New York Digital Funding Group (NWDFG) revealed that 22% of adults in America own bitcoin, which amounts to 46 million Americans.
Read more: https://bit.ly/3AyBvjy