Chicago developers and businesses that are involved in the commercial real estate industry should be aware that the Federal Reserve is concerned that apartment towers may be the next asset-price bubble and is considering raising interest rates as a means to avoiding a burst in the sector. The Fed is reportedly concerned that continued low-interest rates might lead to investors reaching for high yields while prices remain high. A commercial real estate and business transaction lawyer believes … [Read more...]
Rising Home Prices Are Straining the Real Estate Market
With home prices rising exponentially, the supply of affordable homes has dropped significantly over the years. The scarcity of safe… READ MORE
