Weekly News Update - July 28, 2023 - Fed's latest rate hike, accelerating CRE distress, why home prices are tanking
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Tune in to hear updates and commentary from Adam Gower Ph.D., GowerCrowd, and David Saxe, Calvera Partners, about the major news stories his past week (week ending July 28, 2023) in the commercial real estate industry:
More rate hikes - is this the new normal? CRE distress is increasing with no let up in sight. Why single family home values aren't tanking. Stories we cover today:
https://commercialobserver.com/2023/07/cre-loan-distress-up-70-of-largest-metro-areas-in-june/
https://fortune.com/2023/07/24/housing-market-robert-shiller-home-price-prediction-outlook/
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