However, even with a 23% jump in sales, next year's market still will be lackluster, figures show. California’s housing market is expected to rebound next year from the disastrous sales dr...
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This breaks the previous low set in the middle of the Great Recession in April 2008. Soaring mortgage rates have iced California homebuying to a record low. Look at what my trusty spreadsheet found ...
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Maybe the problem is that conditions are returning to an old mean. When looking at trends in any market, there is often folly in focusing on immediate changes in data. Up-and-down data movement over ...
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Investors sense opportunity as the asset class struggles. In a testament to how brutal the year has been, only two multifamily markets have produced positive total returns in the last 12 months, acco...
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Fasten your seat belts, RXR chief warns, we’re landing in a perfect storm. RXR CEO Scott Rechler delivered a sobering message during a keynote presentation at CREtech New York on Tuesday that...
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“Most loans will be able to absorb higher interest costs; many will not.” The repercussions of the Fed’s early efforts to stave off the economic disaster caused by Covid through mea...
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Year to date, about $5.65 billion in commercial real estate loans have been modified with an extension, according to Trepp. Although the term increase varies from loan to loan, the largest share ...
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In the face of increasing home prices and record-level interest rates, more people are turning to apartment rentals. Deliveries and absorption are on the upswing (with rent growth a mixed bag). Howeve...
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There is a surplus of second thoughts and cold feet in the housing market: Nearly 60,000 home purchase agreements were canceled in August, which is equal to 15.7% of homes that went under contract tha...
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Second-quarter commercial real estate sales transaction volume was down about 50% from the comparable period last year, but flat sequentially, Green Street reported. Year-to-date transaction volumes a...
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