I rarely say that Covid caused radical changes in behavior but the commercial property sector is bucking this trend. This is not because of return to office or lack thereof, but leverage and the central bank. In every cycle in…
US commercial real estate prices have plunged 13% from a peak this year, the biggest drop since the global financial crisis of 2008. What is causing the decline in commercial property prices. Is this a blip or will the slide…
There is pretty much a universal theme that there will be a recession in the future. It is like saying that it might rain sometime in the next month. It doesn’t help you much without knowing approximately when it will…
First, the pic above was the leading picture for a listing I looked at. I guess they were stressing the work from home conveniences in the office😊 Unfortunately this could lead to some “interesting” conversations with coworkers. With the back…
There has been an unexpectedly sharp downturn in demand to truck everything from food to furniture since the beginning of March and rates in the overheated segment that deals in on-demand trucking jobs - known as the spot market -…
ATTOM’s just released January 2022 U.S. Foreclosure Market Report shows there were a total of 23,204 U.S. properties with foreclosure filings reported in January 2022. That figure is up 29 percent from December 2021 and 139 percent from January 2021. Will we…
Where mortgage rates are heading seems to be the biggest question on everyone’s mind in real estate. As of this writing rates were around 5.821% which is substantially higher than any economists had predicted even a few months ago. What…
Who would have ever thought that used car prices would increase? A 10 year old car has appreciated 94% since the pandemic supply chain woes occurred. Unfortunately, what goes up will come down. When will the used car bubble pop? …
Wall Street investors believe inflation will remain a major roadblock for the markets in 2022 and stocks will only see muted returns, according to the new CNBC Delivering Alpha investor survey. What does this mean for interest rates and in turn real estate?…
Wow, it has been a wild ride during this pandemic, who thought there would be a national run on toilet paper. Fortunately, those days are over. You can now readily pick up Charmin (or whatever you like). The market is…