Tagged: covid-19 impact

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Rising Construction Costs Threaten The Homebuilding Boom

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The pandemic propelled a mass migration of city dwellers to the suburbs, hungry to buy homes. And that surge in demand has driven new home prices up by 12 percent since March 2020. Great, right? Except construction costs have jumped as much as 30 percent in the same period. CLICK ON THE HEADLINE FOR MORE

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Distressed Commercial Real Estate Is Still Sitting In Purgatory

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Full recovery of distressed CRE won’t always happen, especially in sectors that have become outmoded by Covid-induced changes. The challenge with so much of the potential distress is that participants are taking a wait-and-see attitude. Bottom line: A lot of commercial real estate is still in purgatory. CLICK ON THE HEADLINE FOR MORE