New #CreditModels

The Fair Isaac Corporation recently introduced a new scoring model. The model could help to expand credit to first-time and minority groups. But there is a problem: Fannie Mae and Freddie Mac, who support the majority of the mortgage market, don’t use the new model. In “FICO 9″, less emphasis is given to the impact…

50 Favorite #BuiltInStorageIdeas

Storage is a common problem for most homeowners, but with effective and clever built-ins, organization is a no-brainer. Because built-ins are custom-made for each space, they maximize every square inch of your home. They can turn empty, unused space into hardworking home offices, drawers, shelves, or even entertainment centers. Essentially, built-in storage units can add…

#GrandWailea $30m Renovations

The Grand Wailea, A Waldorf Astoria Resort, will undergo a $30 million renovation to the Maui resort’s guestroom interiors, meeting areas and pools, with a completion date set for early 2015. The rooms were last renovated in 2009. Work on the rooms begin this week and renovations will continue through early spring 2015, with a…

Latest #ConstructionActivity

Very fast growth in multifamily activity has been pushing up overall construction spending. Numerically, overall construction spending climbed in July and is now higher by 8.2 percent from one year ago. Spending for commercial real estate (classified as nonresidential) rose by 14 percent and has been making steady progress.