Coastal Home Values Plunge As Rising Seas Erode Market Confidence
Home values in many coastal communities are eroding along with the beaches they sit on.
Unlocked article here.
Fortune: Don’t expect lower rates to save debt-burdened office buildings
Any hopes that falling borrowing costs would stem the pain from the US office downturn were swept away this week.
Unlocked article here.
WSJ: Surge in Commercial-Property Foreclosures Suggests Bottom Is Near
Lender portfolios of foreclosed and seized office buildings, apartments and other commercial property grew 13% in the second quarter
Unlocked article here.
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