What is selling in Seattle? Why is renting the right thing in Reno? What is happening with mortgage regulations? These are the types of questions Pat DeDonato, vice president, real estate services at Cartus, and I will address during a Worldwide ERC® SpeedSession, ‘What is Really Going on With Real Estate?’ on Tuesday, June 19 at 2 p.m. ET. We invite you to register for this complimentary session.
Topics in the SpeedSession will include a comprehensive overview of the real estate market, which is improving slowly but is still below its peak of 2005-2007. Those of us involved with relocating employees have our eye on historically low mortgage rates. Transferees who now have great rates (3.5%-3.875%) will likely be receiving mortgages at rates around 5% in the next 24 to 36 months. The increased payment of $300 to $600 per month will make accepting relocations more difficult for employees, meaning corporations may want to consider ways of helping transferees with more expensive mortgages.
We know how important it is for organizations to get the right people in the right locations to execute their business plans.