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A Colchester housing project co-developed by Evernorth paid an additional $100,000 in construction interest when rates climbed from 3% at its conception in 2022 to 7.5% at the time of its ...
Among the financing challenges Ray cited are higher interest rates and an increase in equity requirements for a commercial real estate development loan. He also noted the cost of construction has ...
Some days it feels like the housing market is suffering from a hangover. The rush to increase supply has led to more new ...
As the housing market continues to pose affordability challenges for many potential buyers, two significant strategies emerge as effective solutions: lowering interest rates and increasing housing ...