Elon Musk: 'Most Serious Looming Issue' is Commercial Real Estate Debt Market

Real Estate Radio Hour

English - March 31, 2023 13:35 - 1 hour - 57.2 MB
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Home sales spike 14.5% in February as the median price drops for the first time in over a decade
https://www.cnbc.com/2023/03/21/febru...

Our real estate agent wants to buy our house, need advice.
This is an off market deal.
The house is not/will not be actually listed.
This agent acted as our buying agent for this house 2 years ago. T
he offer price is at market value and they are charging a 6% commission.

The mortgage rates have been skyrocketing recently, it's at about 6-7%, but these rates seem more in line with the average interest rates before about 2008. What made interest rates so low between 2008 and now?

Over the next 5 years, more than $2.5 trillion in commercial real estate debt will mature.
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Elon Musk: 'Most Serious Looming Issue' is Commercial Real Estate Debt Market

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