Summit Capital _ California

01/26/2024

14% of all commercial real estate (CRE) loans and 44% of office building loans are now in "negative equity."

Currently, US banks hold over $2.9 trillion of CRE debt, the majority of which is held by regional banks.

Office building prices are down 40% from their highs and CRE as a whole is down over 20%.

All as rates rise and many of these loans are due to be refinanced.

01/04/2024

11/18/2022

With 19 days until the elections, voters are concerned around the economic landscape. CNBC Senior Economics Report Steve Liesman and KPMG Chief Economist Dia...

11/18/2022

Nouriel Roubini, chief economist Atlas Capital Team and chair of Roubini Macro Associates, lays out the "seven Cs" of the industry.

08/16/2022

NAR Chief Economist Lawrence Yun reacts to the latest data on housing starts.

08/16/2022

The Western U.S. is the most challenging area to buy a home, partly because the income required to obtain a 30-year mortgage is more than $140,000.

08/10/2022

08/05/2022

Professor Friedman looks at the cause and effects of inflation. http://www.LibertyPen.comSource: Milton Friedman SpeaksBuy it: http://www.freetochoose.net/st...

08/05/2022

07/20/2022

How to read appraisal report

07/17/2022

Austin, Tx
Increasing supplies

07/15/2022

The San Diego County Assessor Thursday certified the 2022 assessed value roll of all taxable property in the county, a record $679.15 billion, 8.27% higher than the year before.