That’s not a typo. This article is not about first time homebuyers. It’s for those of you who are considering buying or building a hotel, for the first time. In case you never think about who owns the hotels that operate flying the flag of your favorite brand, or those independent gems, often times it
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Jon Hipp In Q2 2019, we reported that cap rates were down, quarter over quarter, by 11 basis points (bps). Three months later, the story is different. During the third quarter, cap rates ramped up by 16 bps, from 6.41% to 6.57%. An increase in cap rates can mean more buyers are in the market,
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A home for sale is seen in Santa Monica, California. Lucy Nicholson | Reuters The combination of a holiday week and a stagnant mortgage rate environment kept borrowers away from their lenders last week. Mortgage application volume decreased 9.2% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The week’s results
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