Biggest Commercial Real Estate Crash Since 2008 Could Spark $160B Bank Losses
Angle down icon An icon in the shape of an angle pointing down. Commercial real estate is under rising pressure...
USA Property
Distress in CRE loans on nonowner-occupied properties rises at US banks
US bank loans backed by owner-occupied commercial real estate properties have performed better on average in recent quarters than those backed by nonowner-occupied properties. The disparity stems largely from a sharp drop in the performance of large banks' nonowner-occupied commercial real estate loans. The delinquency ratio for loans on owner-occupied properties was generally higher than for loans on nonowner-occupied properties in the years leading up to the COVID-19 pandemic, according to S&P Global Market Intelligence data. That trend began to reverse in 2020 when nonowner-occupied commercial real estate (CRE) loan...
Home prices are up in all major U.S. cities, except Austin, Texas
In that time, home sale prices in the metro Austin area dropped by 6.2%, with homes selling for a median...
Lost in New York’ townhouse on sale for $6.7 million
Kevin McCallister's uncle has finally finished the renovations on his New York City townhouse and it's now up for sale.The...
Ask Amy: My friend asked us to build a tiny home for her on our property — then called me stupid after we said no
Dear Amy: My friend is 15 years older than me. She has her Ph.D. and teaches at a university.She lives...
Housing Market 2024 | Bankrate
Key takeaways Low levels of inventory mean that sellers continue to have the upper hand in the housing market. Mortgage...
‘So much gratitude’: Americans freed by Venezuela in US prisoner swap land in Texas
Six of the 10 Americans landed in Texas. December 20, 2023, 11:47 PM ET• 4 min readSix of the 10...
20 Cheapest States to Buy a House in 2023
If you're looking for affordable housing, there are plenty of options available in the United States. In this article, we...
What Is a Housing Bubble? Definition, Causes, and Example
What Is a Housing Bubble? A housing or real estate bubble is a run-up in housing prices fueled by demand,...
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