Premiums for commercial insurance at the end of 2022 in places like Texas, Florida and California jumped 30% to 50%, according to the institute. CLICK ON THE HEADLINE FOR MORE
Pointing in the opposite direction from a year ago, the Federal Reserve has pushed its benchmark rate to 4.5% after starting 2022 near zero. This rapid change in the state of affairs has ground sales volume to a standstill and killed deals around the country. So what will happen in 2023 in CRE according to real estate professionals? It will be a lot of ups and downs and expect the unexpected. CLICK ON THE HEADLINE FOR MORE
The Fed has boosted the cost of short-term borrowing aggressively this year in its battle to curb inflation. But according to New York Federal Reserve President John Williams, a rate cut is possible in 2024 as inflation pressures likely ease. CLICK ON THE HEADLINE FOR MORE
