W. J. Mencarow

Expert: Fed’s Interest Rate Decisions ‘Destroyed’ Commercial Real Estate Market

Published by FOX Business | October 26, 2023 As the Fed continues its attempts to tame inflation, one real estate expert is sounding the alarm on interest rates destroying the commercial real estate industry as a result. Don Peebles, chairman and CEO of The Peebles Corporation, warned of uncertainty shrouding the future of the market …

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2023 Housing Market Projected to Have Fewest Sales Since 2008

Published by FOX Business | October 19, 2023 Economists project 2023 will mark the slowest home sales year since the housing bubble burst in 2008. Redfin estimated there will only be roughly 4.1 million sales of existing homes across the nation by year’s end due to persistently high mortgage rates — now hovering at 7.63% …

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Local Real Estate Investors Move from Caution to Confidence

Published by ThinkRealty.com | October 17, 2023 Local investors stay disciplined even as institutional investors continue to retreat. Local real estate investors who started out the year cautiously bullish have become more confidently bullish as the housing market continues to prove its resilience in the face of elevated mortgage rates and slowing home price appreciation, according to …

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Bank Regulators Just Might Make Loan Workouts A Little Easier

Published by Forbes.com | October 17, 2023 Loan workouts are often cumbersome, but that may be changing in the near future. Federally regulated lenders, such as banks, still play a major role in commercial real estate financing. As commercial real estate encounters headwinds, borrowers will often need relief from those lenders, but regulated lenders typically …

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Foreclosures Continue To Surge: Are They a Threat to the Housing Market?

Published by REALTOR.com | October 12, 2023 Is this a repeat of the 2008 housing bust? The number of homeowners hit with foreclosure notices in the third quarter of the year jumped 34% from a year ago to nearly 125,000, according to a recent report from real estate data firm ATTOM. They were up 28% from the previous …

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A Government Shutdown Would Disrupt the Housing Market in These Surprising (and Painful) Ways

Published by REALTOR.com | September 28, 2023 The housing market is facing a new threat: a looming government shutdown. “The housing market is in a very fragile state right now,” says Jim Tobin, president and CEO of the National Association of Home Builders. “What we don’t need is a government shutdown that further damages the housing …

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New Data Reveals a Crash Not Seen Since Great Depression Could Hit in 2024

Published by FOX Business | October 5, 2023 If the White House and Congress don’t cut spending soon, the results could be catastrophic As the White House continues to tout the alleged achievements of the president’s “Bidenomics” agenda, a growing amount of data indicates that a gigantic economic crisis could be right around the corner. Most disturbingly, …

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