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Mortgage, Credit Card Surge Pushes US Household Debt To Record $17.5 Trillion, Delinquencies Up
Tuesday, February 6, 2024 - 4:14pm | 553Read More...U.S. household debt climbed by $212 billion, reaching a new record high of $17.5 trillion at the end of 2023, according to the New York Federal Reserve. The Quarterly Report on Household Debt and Credit revealed significant increases across several categories, with credit card balances and...
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Lending Squeeze: Red Flag For Commercial Real Estate?
Tuesday, October 31, 2023 - 11:29am | 788Read More...A significant contraction in lending is leading to a rise in defaults across the commercial real estate (CRE) sector. The lending slump also heralds a substantial slowdown in new construction projects across various property types. What Happened: Lenders in the commercial property market,...
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US Commercial Real Estate Faces 'Apocalypse' as Troubled Assets Surge To $64 Billion: 5 Stocks To Monitor
Friday, June 23, 2023 - 3:17pm | 659Read More...Distress is rapidly spreading in the U.S. commercial real estate industry, with the volume of troubled assets escalating to nearly $64 billion in the first quarter of 2023, a 10% rise from the previous quarter. This alarming trend is highlighted in a recent report from MSCI Real Assets, which also...
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The Newest Rivalry: Koster vs. Cross
Friday, June 18, 2010 - 6:00am | 534Read More...World Cup fever has struck here at Llenrock. With all this talk of England vs. USA, another great rivalry that has surfaced this week may be about to boil over, under the radar: is the other commercial real estate shoe going to fall off or not? There were two opposing views...
