We are often asked "What is a Cap Rate"? The capitalization rate (or cap rate), is the ratio of Net Operating Income or NOI to property asset value.
According to a December 30, 2014 report by Marcus and Millichap: The United States economy is growing strong. In fact, it's the fastest pace of growth since 2003. This bodes well for similar growth in 2015. GDP growth in the 3rd quarter of 2014 was the largest level in 11 years. Oil prices have [...]
What housing marketings will see the strongest growth coupled withe best prices? Realtor.com Chief Economist Jonathan Smoke recently chimed in with his picks for the top 10 housing markets for 2015. According to Smoke: "The markets on this list range from big cities with older housing stock to big and mid-size cities with substantial [...]
Marijuana usage is now legal recreationally in 3 states while 23 states and the District of Columbia allow for medical marijuana use. The real estate industry is now left to come to grips with new issues surrounding the industry. Issues dealing with growing and using. These issues are affecting both the commercial [...]