Elon Musk Says Commercial Real Estate Debt a Serious & Looming Issue: Housing Bubble 2.0
Elon Musk Says Commercial Real Estate Debt a Serious & Looming Issue: Housing Bubble 2.0
With the recent rash of Bank failures, it is clear to see that there will be more financial and economic issues to face in the near future. Commercial Real Estate debt is a topic that has gone unnoticed for some time now, however it is about to rear its head and send shock waves through the economy. Around 70% of the financing to this sector is supplied by local and regional banks. Additionally it is estimated that the commercial sector is running on a 60% to 70% occupancy rate. This will become problematic when $2.5 Trillion are up for refinancing in the next few years especially when interest rates have doubled. We will most likely see and experience a crisis in this sector.
This channel discusses recent articles, data and information about the Housing Bubble, Housing Crash, Home Prices, Forbearance, Foreclosures and Short Sales.
Additionally there is a focus on Mortgage Delinquencies, Mortgage Rates, FHA Loans, Real Estate Investing, and Housing Market Predictions for 2023 and Beyond.
Today is April 3rd 2023 and Randy will discuss the following topics:
Elon Musk Says Commercial Real Estate Debt is a Serious Issue
3 out of the Top 5 Wealthiest Looking to Get Into Real Estate
Need to See Foreclosure Data ? I have entered into a partnership with the leading provider of distressed property data, Foreclosure.com.
For a Free Trial click on the link below:
https://www.foreclosure.com/?rsp=3325
** Additional Medium **
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Housing Bubble 2.0
@HousingBubble2
I will conduct live Q&A sessions and other Real Estate related discussions.
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Connect with me to find out more about how I can help you in Real Estate.
I offer:
Primary Home Buying in the Greater Tampa Bay Area
Investment Properties & Turn Key Real Estate Investment Program
Off-Market and REO Properties
Real Estate Education Products & Services
Market Research & Consulting
Multi-Family & Other Commercial Assets
Build To Rent & Build To Flip Investments
I can be reached at:
Randy Patrick
Licensed Real Estate Broker
WestBay Real Estate, Inc.
813-833-2045
randy@luxuryshortsales.com
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The free report for the Top 10 Reasons Why We Will Have Another Housing Crash and Housing Crisis can be downloaded at:
If you have any questions, or wish to discuss Housing or Real Estate Investment, You can reach me directly at: randy@luxuryshortsales.com
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