Articles by author: GP Theriot
Analysts everywhere are raising the red flag: the U.S. home market is set for a tumble, and U.S. home prices are the next domino to fall. A reset for the market shouldn’t come as a surprise to industry professionals. The U.S. home market has been on the decline for months now as high interest rates…
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Architecture & Design
Should Mortgage Lenders Be Laying Off Their Pros in This Housing Market?
The never-ending wave of rising interest rates, and therefore pricier debt and consumer demand destruction, is turning buyers away from new home sales. Mortgage lenders are now laying off their pros in droves, hoping to weather the quagmire of a weak market. Is this short-term hemorrhage the right move? Origin Bank Sr. Mortgage Loan…
Architecture & Design
Are Hotel-to-Apartment Adaptive Reuse Conversions Worth the Investment?
The need for affordable housing, especially in major cities, is a constant challenge for tenants, an often-nebulous investment for developers, and a point of contention for city officials. A recent trend meant to fill this void and buoy development costs is getting mixed results, and its being attempted by several metros: Converting unused and underused…