recession

CRE Predictions For 2023: Distress, Opportunity And Another ‘Roller Coaster’ Year

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

CRE Predictions For 2023: Distress, Opportunity And Another ‘Roller Coaster’ Year Read More »

Billionaire Real Estate Investor Sam Zell Says: ‘Don’t Take Too Much Comfort In Declining Mortgage Costs. The Fed Will Keep Hiking Rates Close To 6%.’

The founder and chairman of privately held Equity Group Investments said in a recent Fox Business interview that there’s little comfort to be had in the recent softening mortgage rates because the Federal Reserve is likely to continue with its string of rate hikes to catch up in taming inflation. CLICK ON THE HEADLINE FOR MORE

Billionaire Real Estate Investor Sam Zell Says: ‘Don’t Take Too Much Comfort In Declining Mortgage Costs. The Fed Will Keep Hiking Rates Close To 6%.’ Read More »

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