Follow
_________________________
Author Archives: Danielle Park
Bad loans mount in ‘greatest real estate crisis since the financial crisis’
The credit cycle is alive and well. But credit cycles typically move with multi-quarter time lags, and that’s longer than the attention span of most. Moreover, massive government subsidies slowed the monetary impacts more than average this time. Nevertheless, twenty-three … Continue reading
Posted in Main Page
Comments Off on Bad loans mount in ‘greatest real estate crisis since the financial crisis’
Too many payments, too little income
In the fourth quarter of 2023, 7.7% of US auto loans transitioned to delinquency on an annualized basis (New York Fed data)—the highest rate in 13 years. The total annual cost of owning a new car, including expenses such as … Continue reading
Posted in Main Page
Comments Off on Too many payments, too little income
High home insurance rates driving away would-be buyers
A wave of new multifamily residential projects are coming online as migration slows and high mortgage rates weigh on housing demand. Add to the mix an insurance crisis, and a seller’s market is becoming a buyer’s one. See, In Southwest … Continue reading
Posted in Main Page
Comments Off on High home insurance rates driving away would-be buyers
