Economy
Before the first round of funding ran out last week, Ebby Halliday agent Jason Bell had become the resident expert on Small Business Administration loans for friends and fellow agents who understandably had more questions than answers when applying for coronavirus relief. “It was a jumbled mess,” Bell says. In early April, the Plano Willow…
SBA: “processed more than 14 years worth of loans in less than 14 days” 76% of loans have been processed by small/regional banks 49,000 loans totaling $8 billion have gone to real estate subsector Guidelines still murky for independent contractors, who had only four days to apply before funds ran out Talks are underway for…
Reuters reported today that Dallas-based Neiman Marcus is talking to bondholders and lenders about financing that would help the debt-laden company continue operating while under bankruptcy protection, but Dallas without Neiman Marcus? Not likely, experts say. The Neiman Marcus Group, which consists of Neiman Marcus, Bergdorf Goodman, Last Call, Horchow, and Mytheresa, has struggled since…
With a healthy economy and low inventory, 2020 is shaping up to what could be the most competitive home shopping season in years, according to Zillow.
From staff reports It’s no secret that housing took a huge hit during the last recession. But during this long period of economic expansion that followed — a record 121 months as of July 2019 — how did the market fare? A special CoreLogic report, “The Role of Housing in the Longest Economic Expansion,” takes…
