Banks are tightening standards, and private credit markets are adopting a "risk-off" stance. Billionaire Sam Zell probably doesn’t have trouble getting a bank loan. But one of the portfolio companies of his firm Equity Residential — a company he described as very well capitalized and an “A-” credit — recently “had the hardest revolver extension” that Zell’s firm has ever been involved in. Zell’s anecdote, provided at
UK-based construction productivity startup adds new tool for daily site decisions Disperse.io, a U.K.-based construction technology company with a platform that uses artificial intelligence to help project managers track work, capture data from building sites and make better project decisions, has launched a new product, Impulse, that highlights issues gleaned from 360° site scans captured in its platform.Impulse integrates performance insights
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iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.SOME OF OUR BENEFITS INCLUDE 24/7 Broker SupportWe take great pride in our World-Class Support. When you want the support, we’ll
Happy Thanksgiving to you and your loved ones from iPro Real Estate. We've officially started our holiday charity drive to raise money for youth in foster care. Please join us in donating to our Treehouse Charity Drive.
The style’s pitched roof makes it especially appealing in rural, remote areas with lots of snow A-frames are easily recognized by their triangular shape. It is the result of bringing the roof down and eliminating the walls, said Brent Campbell, an architect in Asheville, N.C. “They became this sort of iconic shape for rural vacation retreat-type structures,” said Mr. Campbell.In the book “A-Frame,” author Chad Randl, an architecture his
The 30-year fixed-rate mortgage averaged 6.61% as of Nov. 17 The 30-year fixed-rate mortgage averaged 6.61% as of Nov. 17, according to data released by Freddie Mac FMCC, 1.38% Thursday, lower than the 7.08% rate seen last week. It was the biggest weekly decline since 1981.Still, the 30-year was averaging at 3.10% at this point last year. “Mortgage rates tumbled this week due to incoming data that suggests inflatio
Ballot measures in the U.S. to build more affordable housing and protect tenants from soaring rent increases were plentiful and fared well in last week’s midterm elections, a sign of growing angst over record high rents exacerbated by inflation and a dearth of homes.Voters approved capping rent increases at below inflation in three U.S. cities: Portland, Maine, and Richmond and Santa Monica in California. Another measure was leading in the vote
Mortgage application volume rose 2.7% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. An additional adjustment was made for the Veteran’s Day holiday.The small increase followed a government report last week showing that inflation may be starting to ease. That, in turn, sent bond yields plunging and mortgage rates with them. Thursday saw the sharpest one-day drop in the ave
You can’t misrepresent a property, but there are ethical ways to use images generated by artificial intelligence to improve your clients’ experiences and better serve their needs. Artificial intelligence now makes it possible for you to send a listing photo, along with commands for whatever image enhancements you want, to an algorithm—and receive the enhanced photo in seconds. This new frontier for real estate technology may open endless po
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