Residential mortgages totaled $9.4 trillion as of June 30 and overall consumer debt reached an all-time high of $13.86 trillion, according to the Federal Reserve Bank of New York. Residential mortgage debt eclipsed the 2008 peak of $9.29 trillion, fueling the belief among some market watchers that a ... READ MORE >
Real estate
Low treasury rate is a boost for home builders, neutral for commercial real estate
Bonds have been declining in recent weeks following a 25-basis-point rate cut from the Federal Reserve and expectations of further cuts amid rising concerns over an impending recession. Recession concerns were underscored Wednesday by the inversion of the U.S. and U.K. two- and 10-year yield curves and ... READ MORE >
Real estate investors hope for the best, prepare for the worst—KAYO conference
"We don’t know.” That was the response of Denise Olsen, managing director at GEM Realty Capital, when asked about where the real estate industry is in the business cycle at the recent KAYO Women’s Private Equity Real Estate Summit in Chicago. The truth is, economic cycles and real estate cycles ... READ MORE >