by mdibrino@hqmloans.com | Mar 20, 2023 | Uncategorized
The median home sales price – recorded at $385,000 in January 2023 – increased by 0.6% in February. The uptick was likewise the first positive movement in sales price data since sales prices peaked at a median of $426,000 last June 2022 and declined for seven months...
by mdibrino@hqmloans.com | Mar 17, 2023 | Uncategorized
What caused the Great Recession of 2008? Having worked four years at GE Consumer Finance before transferring to the San Francisco Bay area, Shekhar now faced an uncertain future. “VC funding dried up,” Shekhar recalled. “The company shut down, and here I was with no...
by mdibrino@hqmloans.com | Mar 17, 2023 | Uncategorized
In a positive sign for the California real estate market, home sales in the state rose to an annualized rate of over 250,000 for the third consecutive month in February, thanks to more favorable interest rates. The California Association of Realtors (CAR) reported...
by mdibrino@hqmloans.com | Mar 17, 2023 | Uncategorized
“Southern First believes in creating upward mobility through homeownership,” said chief mortgage officer Chris Shugart. “[We] are excited for more opportunities to do so through this space. We see it as an approachable, welcoming place where partners and...
by mdibrino@hqmloans.com | Mar 17, 2023 | Uncategorized
Commercial real estate middle-market lender ACRES Capital and its REIT, ACRES Commercial Realty, have announced their partnership with Project Destined in support of the digital education platform’s mission to train underserved youth in real estate, financial...
