U.S. Unsecured Credit: The Next Bubble to Burst?

While the current housing debt remains relatively flat to the prerecession numbers, the nonhousing debt has grown 31 percent in the last 10 years. The larger concern is that two-thirds of that debt, or $2.21 trillion, is unsecured. Another crisis potentially looms with no collateral to assist in a recovery.

After acquiring five office buildings in Westborough Office Park in the past few months, Carruth Capital is testing the waters for 1 million square feet of new development.

Can 495 Bounce Back?

Savvy commercial real estate investors love a bargain and discounts abound on the Route 495 belt, where sprawling former tech campuses can sell for the price of a luxury condominium in Boston.

Bernice Ross

Demolishing First-Time Buyer Myths

Numerous articles have been written proclaiming that it’s cheaper to rent than to buy, that today’s high prices are preventing first-time buyers from purchasing, and that Millennials aren’t nearly as motivated to purchase homes as the Baby Boomers were. The next time you hear one of these

Millennials Anxious About Down Payments

Anxiety about having enough money for a down payment is one of the factors keeping Millennial renters from buying a home, according to a new national survey by LoanDepot cited in the September 2017 Down Payment Report.

We Didn’t Start The Fire

Have you heard? According to media reports, the Millennials are responsible for the death of pretty much everything. Wine corks, napkins, the American Dream, the beer industry, homeownership – it’s a pretty long list.

Banker-&_Tradesman_2017

Editorial Cartoon

It can be easy for one generation to transfer blame to another, but the Millennials may be pulling their weight more than Baby Boomers think.