Surveys conducted in November indicated that consumer confidence and sentiment had declined for all income groups.
Notices of default, scheduled auctions and bank repossessions are the highest in the last 5 years. Delinquency rates rose for all 5 major property types in October, with office setting a new record high.
Commercial property prices grew across asset classes in October, recording the largest annual gains since 2022 after a pair of interest rate cuts from the Federal Reserve.
Bridge loans start at 8.5%.
There is still time to close before year end 2025.
Please call today to ensure transaction deadlines are met.
Securing CRE financing in a world of uncertainty?
Trust the Advocate that knows…or follow the advice of Queens of the Stone Age!
Signs of potential trouble are popping up again in the form of tighter conditions in short-term funding markets, which act as the indoor plumbing of the financial system — and they may require the Federal Reserve to take action relatively soon.
