Originally published on May 11, 2023, by Erik Sherman for Globest.com.
Distressed CRE loans continue to rise, according to CRE data, analytics, and valuation firm CRED iQ, which reports that most of the top metropolitan statistical areas saw significant jumps of up to 2.5%.
Originally published on April 28, 2023, by Ally Braun for Redfin.
New listings are down more than 20% from a year ago as homeowners hang onto low mortgage rates, causing buyers to snap up homes quickly and keeping prices from falling further.
Originally published on April 28, 2023 by the Mortgage Banker's Association.
The National Council of Real Estate Investment Fiduciaries, Chicago, said its quarterly Property Index showed aggregate market values of properties declined for the third straight quarter; returns were negative for the second straight quarter.
Originally published on April 27, 2023, by Lauren Cozzi for the National Association of Realtors.
Pending home sales decreased in March for the first time since November 2022, according to the National Association of REALTORS®. Three U.S. regions posted monthly losses, while the South increased. All four regions saw year-over-year declines in transactions.
Originally published on April 28, 2023, by Henry Simpson for US Today.
US banks are increasingly concerned about falling commercial property valuations and the risk they pose to lenders’ balance sheets, senior officials said this week.
Originally published on April 25, 2023, for Goldman Sachs.
Big office buildings in large U.S. cities are the most at risk from turmoil in commercial real estate, according to Goldman Sachs Research. There are signs that smaller offices in suburbs, as well as newer buildings in central businesses districts, could be more insulated from the stress.
Originally published on April 20, 2023, by Michael Tucker for the Mortgage Banker's Association.
Mass adoption of cloud computing and artificial intelligence is driving exponential growth for data centers, reported JLL, Chicago.
Originally published on April 17, 2023, by Michael Tucker for the Mortgage Banker's Association.
Small-cap commercial real estate appears to be in better shape than the larger CRE market, reported Boxwood Means LLC, Stamford, Conn.
Originally published on April 19, 2023, by the ATTOM Staff.
ATTOM, a leading curator of land, property, and real estate data, today released its Q1 2023 U.S. Foreclosure Market Report, which shows a total of 95,712 U.S. properties with a foreclosure filings during the first quarter of 2023, up 6 percent from the previous quarter and up 22 percent from a year ago.
Originally published on April 5, 2023, by Adam Ozimek and Connor O'Brien for the Economic Innovation Group.
Key Findings
Originally published on April 11, 2023, by Michael Tucker for The Mortgage Banker's Association.
U.S. hotels have performed well overall since the pandemic, but upscale properties report higher commercial mortgage-backed securities delinquencies than more modest hotels, reported KBRA, New York.
Originally published on April 3, 2023, by Jack Rogers for GlobeSt.com.
With interest rates still rising, prices retreating, and credit evaporating—and a stressed-out banking system moving to shore up balance sheets—expect more fire sales of older CMBS loans and acceleration of plunging CRE values in markets across the US.
Originally published on March 28, 2023, by Spencer High for the National Association of Realtors.
The share of baby boomers has surpassed millennials and now makes up the largest generation of home buyers, according to the latest study from the National Association of Realtors®.
Originally published on March 28, 2023 by Richard Berger for GlobeSt.com.
There’s plenty of land for development available nationwide, but it’s not cheap and hardly easy to acquire, zone, and develop.
Originally published on March 27, 2023, by Courtney Fingar for Globest.com.
Multifamily is facing negative headwinds this year and into the next in the form of outsized supply growth and weak demand drivers, according to PGIM Real Estate’s Quarterly Insights report.
Originally published on March 30, 2023, by Michael Tucker for the Mortgage Banker's Association.
The commercial property pricing decline steepened in February, pulled down by a sharp fall in the apartment sector, reported MSCI, New York.
Originally published on March 23, 2023, by ATTOM.
ATTOM, a leading curator of land, property, and real estate data, today released its year-end 2022 U.S. Home Flipping Report, which shows that 407,417 single-family homes and condos in the United States were flipped in 2022. That was up 14 percent from 357,666 in 2021, and up 58 percent from 2020, to the highest point since at least 2005.
Originally published on March 20, 2023, by Diana Olick for CNBC.
Global warming has already caused irreversible damage to the earth’s ecosystems and communities, according to a critical report just issued from the United Nations Intergovernmental Panel on Climate Change.
Originally published on March 13, 2023, by Erik Sherman for GlobeSt.com.
Originally published on March 8, 2023, by Laura Pop=Badiu for CoworkingCafe.com.
Demand for flexible workspaces registered significant growth in recent years, mainly due to the wider availability of remote work and hybrid workstyles. At the same time, the uncertain economic waves led many businesses to downsize their office footprints and move past rigid, long-term leases toward more flexible and cost-efficient solutions. What’s more, according to a recent JLL report, the office sector remains under pressure in 2023, with tenants not only looking to increase efficiency and productivity but also to reduce their existing footprint and positively influence their bottom line.
