The regional bank is struggling with the fallout from risky acquisitions and a challenging commercial real estate market. Shares of New York Community Bank (NYCB 7.40%) dropped 68.6% in the first six months of the year, according to data provided by S&P Read More
Florida’s housing market has long attracted homebuyers enamored with the state’s sunny skies and sandy beaches. However, recent data suggests that not all is smooth sailing ahead. According to the CoreLogic Market Risk Indicator, as of July 2024, three metro areas in the Read More
Realtor.com senior economist Ralph McLaughlin says homebuyers and sellers have ‘more time’ than they think to get a good deal. While the sun shines for first-time homebuyers in Florida, the real estate market has lost its shine in the “Golden” State of Read More
Home News Real Estate Market Struggles Impacting Bond Market New York, NY, July 17, 2024-“The commercial real-estate meltdown is spilling over into the bond market,” reports the Wall Street Journal. “Defaults are mounting in a favorite Wall Street mortgage-bond investment, setting off Read More