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More Pain Coming to Commercial Real Estate
June 10, 2024 | 1 Minute Read The commercial real estate market, particularly office buildings, is experiencing significant distress as hybrid work becomes more common. Office buildings in New York City and other major cities are being sold for much lower prices than a few years ago, leading to steep investor losses. The number of […]
Foreclosures coming? Not likely
April 15, 2024 | Reading Time: 1.5 Minutes In 2012, the housing market dynamics were vastly different from previous downturns. Foreclosures were minimal, with delinquencies representing only a fraction of what they were in 2008. Unlike prior crises where foreclosures dominated inventory, this time, there’s virtually no hidden inventory, posing little risk to price stability. […]
