Blog

CAPSTONE FINANCIAL ADDS NEW FINANCE MANAGER

Scottsdale, AZ – Capstone Financial announced today Esther G. Hernandez has joined the firm to further develop their growing portfolio of regional and national finance accounts. Esther G. Hernandez comes with a wealth of experience within the field, having spent the...

POWERFUL PAY

Despite confusion wrought by hurricanes Harvey and Irma, September's employment report was stellar. Upward revisions to wage growth totaling three-tenths-of-one-percent for July and August and a 0.5% rise in September suggest wages are rising! Moreover, the...

AWESOME ABODES

New home sales in September came in at a seasonally adjusted annual rate of 667,000, the highest level since 10/07! Sales were up 18.9% from August, the largest monthly percentage gain in almost 28 years. While some of the 26% sales rise in the South to 405,000,...

AFFORDABILITY ABSENCE

As tight as the affordable rental housing market is, it’ll worsen. The Republican tax plan lowers the corporate tax rate from 35% to 21% and lowers taxes on pass-throughs. These changes will reduce the value of tax credits used to build low income-housing, thus...

DIMINISHED DWELLINGS

In 1/18, sales of existing houses came in at a seasonally-adjusted annual rate of 5.38 million. That’s 3.2% lower than 12/17 and 4.8% lower than 1/17, the steepest Y-o-Y decline since 8/14. Y-o-Y inventory declined for the 32ndstraight month, and at 1.52 million, is...

HOUSING HARM

While housing starts have been steadily rising since 2011, and existing sales have been growing, albeit very slowly of late, for even longer, things may slow going forward. A combination of suddenly higher mortgage rates, new tax laws that mildly depress the value of...

WILL A COMMERCIAL HARD MONEY LOAN HELP ME TO SAVE MY BUSINESS?

People often think getting hard money is not an easy task. However, hard money is normally much easier to qualify for than expected. Different from home loans, hard money loans for business purposes is known as commercial hard money and it is used for commercial...

ALL ABOUT CONSTRUCTION LOAN

Construction Loans are loans offered by financial institutions to help individuals build or redesign their houses. Construction Loan is a name which is well-known in the US. The loan depends upon an appraisal which takes into account the value of land, the scope of...

GET IN BUYING AND FLIPPING REAL ESTATE

Buying and flipping real estate is a common way to make money. If you purchase a home at a good price, make some aesthetically-appealing renovations, and sell the house at a higher price than you paid, you can easily make quite a lot of money. However, house flipping...