Foreclosures Down Nationwide? Don’t pop the champagne yet; statistics lie.

The blog over at the American Apartment Owners Association has an interesting post that drills down on the recent foreclosure numbers that ostensibly show improvement across the nation. They conclude that statistics lie and we ought not get too excited by these reports.


Apartment Building Loans
– Purchase or Refi – 6.5%* – 5 Years / 25 Year Amortization – $100s of Millions to Loan – MasterPlan Capital LLC – Easy, 1 Page Commercial Mortgage Application, Online. *Rate based on current 3 year U.S. Treasury Bond yield + a margin of 4%. Subject to change with market and other factors. Max loan $5MM. Max LTV 75%.
Stabilized (cash flowing) properties only.

Advertisements

Tags: , , , , , , ,

One Response to “Foreclosures Down Nationwide? Don’t pop the champagne yet; statistics lie.”

  1. miamibeachcondosandhomes Says:

    Statistics should always be tempered with additional factors. Example: Foreclosures went down in the U.S. this month ( Possible contributor to this is Florida’s halt on foreclosures during the holiday season).

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: