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Ashley Harris, Author at Capstone Financial

HOW TO GET RID OF REAL ESTATE FORECLOSURE SITUATIONS

What exactly is foreclosure? Foreclosures are a result of borrowers being unable to pay home loan payments. Usually, property foreclosures take place when there is a court or trustee action which involves a home loan company, a lender, or perhaps a mortgage holder...

ADVANTAGES AND DISADVANTAGES OF HARD MONEY LOANS

Who Should Use a Hard Money Loan? Because of various reasons, hard money loans are the primary choice for real estate investors. Fast funding needs are the primary reason to use a hard money lender. It has been seen in many situations hard money loans can be funded...

ONE OCCUPANCY

In 1940, the percentage of one-person households in the USA was 7.7%, by 1960 it was 13.3%, and by 1980, 22.7%. In 2000, the rate was 25.8% and in 2016, 28.1%! DC has the highest percentage of one-person households at 42%, followed by RI at 31.8% and MT at 31.5%....

SIMPLER STARTS

While May housing starts rose 2.9% compared to April, 8.9% Y-o-Y, and 12.2% YTD, sales were weak in 16Q1 making comparisons easy. Critically, the median new home price surged 16.5% Y-o-Y to $345,800 while the average jumped 16.1% Y-o-Y to $406,400, both records....

SEATTLE SLEW

Seattle raised its minimum wage from $9.47/hour to $11/hour in 2015 and $13/hour in 2016. While the first increase had minimal employment impact, the second damaged low-wage workers. At $13/hour, the number of low-wage hours worked declined by a whopping 9%, while...