Commercial delinquency rates are likely to rise above 3.5 percent by the end of the year, and may reach up to 6% in 2010, thanks to rising vacancies, falling rents, and a general lack of money. Lower occupancy and rental rates...
Read MoreAn April homebuilder’s confidence survey revealed the largest one-month rise in the past five years, indicating builders are beginning to feel more optimistic about the market. The National Association of Home Builders/Wells...
Read MoreRiverside and San Bernardino counties experienced record high numbers of foreclosures in March. This rise in foreclosures was not due to increased homeowner default but the delayed result of defaults that took place a month or...
Read MoreThe current collapse of the real estate bubble can be attributed not only to bankers and insurers, but also to government’s vigorous support of homeownership. In most rich countries, including the United States, governments...
Read MoreWith people cutting back on travel in the current recession, the hotel industry has struggled for business. Numerous hotels along the east coast are likely to be forced into bankruptcy or foreclosure in the upcoming months, if...
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