Inman Blog challenge: Will small companies gain upper hand in real estate?
From the Inman Wiki
Average home price climbs 11% in 2006
Schools, highways benefit from increased funding
Adjustable-rate products gain market share
30-year fixed rate at 5.9%; 10-year Treasury yield at 4.87%
Rate highest among those aged 65 and up
But optimism for next six months cools
But many sellers turned off by longer listing time
30-year fixed rate at 5.89%; 10-year Treasury yield at 4.89%
Company cites lower margins, prepayments, loan losses as causes
Refis expected to capture 45% of market this year
Lender faces up to $7.6 million in civil penalties
Improvements planned
Price per square foot approaches $163
Continues Midwest expansion
Has market slowdown impacted this niche?
Fremont I&L's early defaults climbed to 6% last year
Property a build-to-suit for electronics maker
Median selling price falls 5.4% compared to year ago