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Yardi Says Another Record-Breaking Month for Multifamily
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According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in July increased $26 to $1,510 (up 8.3% year-over-year). Click here to read more
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Consumer Price Index Up 0.5% in July
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The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.5% in July, 2021. Click here to read more
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Serious Delinquency Rate Lowest Since 2020
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According to the latest CoreLogic Loan Performance Insights Report, the serious delinquency rate (90 days or more past due) was 3.2% in May, roughly two times that of a year earlier but down from a recent high of 4.3% in August 2020. Click here to read more.
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Local Market Monitor’s National Economic Outlook for August 2021
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Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. Click here to read more
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New Zillow Report Takes a Deeper Look at Renters Who Moved in the Past Year
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A new report from Zillow takes a deeper look at at “renters” from their 2021 Consumer Housing Trends report (CHTR). In particular, they provide a snapshot of renters who moved within the past year. Click here to read more.
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Top 5 Cities for Construction Workers
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Where are construction workers are in high demand and being paid respectable wages? A recent report on Builder analyzed recent data to find out. They pointed out that despite the Coronavirus pandemic, the U.S. construction industry is coming back strong this year. Click here to read more.
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94% of Metro Areas Saw Double-Digit Price Growth in Q2 ’21
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According to the National Association of Realtors Metropolitan Median Area Prices and Affordability and Housing Affordability Index for Q2, 2021, the median sales price of single-family existing homes rose 22.9%. Click here to read more.
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Home Values Keep Rising in Opportunity Zones
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According to ATTOM Data’s second-quarter 2021 Opportunity Zones report median single-family home prices increased from Q2 of 2020 to the second quarter of 2021 in 75% of Opportunity Zones and rose by at least 15% in about half of them. Click here to read more.
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2020 Census Population and Housing State Data
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Infographic: The U.S. Census Bureau says 2020’s census marked the 24th count of the U.S. population. Indeed…that data is now starting to trickle for all to analyze and today’s interactive infographic is a great place to start. Click here to read more.
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VENDOR OF THE WEEK
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Securing a loan from a traditional financing source in today’s economy is not always easy. New rules and regulations can make it difficult for business owners to purchase or refinance commercial property with a commercial loan from a bank. At Monte Verdi Commercial Capital we offer stated income loans designed to help our clients get the financing that they need to meet the demands of the fast-paced commercial real estate market. With less focus on a business’ credit
history and more on the real estate itself, this type of financing is ideal for businesses looking for a quick, uncomplicated solution.
Loan Parameters:
- Owner and Non-Owner Occupied Properties
- Up to 75% LTV
- Cross collateralization allowed for higher LTV
- No up-front fees
- Up to 25 year fixed low rates
- Purchase, refinance, and cash-out refinance (limits on cash-out)
- Interest only programs available
- Closing in 2-4 weeks
Properties That Can Be Financed:
- 1-4 Family Rental
- Multi-Family
- Day Care Facilities
- Auto Repair Shop
- Mixed Use
- Retail / Strip Malls
- Churches
- Hotel / Motel
- Bed and Breakfast
- Funeral Homes
- Warehouse / Light Industrial
- Office Building
- Self-Storage Facilities Mobile Homes / Campgrounds
Contact us today to learn more!
Jeremy Hyman
Monte Verdi Commercial Capital
Phone: 508-308-3611
Fax: 508-342-7051
Email: info@monteverdicommercialcapital.com
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The Alchemist Nation Community is hosting 100 Millionaires Summit 2021 on October 22-24 Live in Person at the Florida Hotel and Conference Center, Orlando Fl.
https://bit.ly/3iooAci
The 100 Millionaire Summit is the only event of its kind. It’s an exclusive, invite-only conference where millionaires from around the country come together to share their secrets and strategies with each other. You can learn how they got rich, what they do every day to stay wealthy, and how you can get started on your own path to wealth. This one time opportunity will change your financial blueprint forever!
Here is what you will get:
- Change your financial blueprint forever
- Learn how to Double your income in the next 12 months
- One time opportunity to be around millionaires in luxurious settings
- Learn wealth habits and strategies to create prosperity
- Dive into Financial predictions for 2022 and be prepared
- Get your time back to do what you want with options
- Networking - connect with business owners, cash buyers, entrepreneurs, industry makers
- Surround yourself with The Best to Become The Best
We know that this might sound like a big commitment - but it's worth it! You'll be surrounded by people who are living the lives you want for yourself. And we're not talking about just any old millionaire either - these are millionaires who have
been there before and know exactly what it takes to create wealth in today's economy. They've made all of their mistakes so you don't have to make them too!
https://bit.ly/3iooAci
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