NYCB woes reignite fears about shaky banks as anniversary of March crisis nears
Investors have worried that commercial real estate losses could trigger more turmoil after deposit runs consumed Silicon Valley Bank and Signature last March.
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More than 18 million rental units at risk from climate hazards as extreme weather becomes more common, Harvard study finds
As extreme weather and climate-related hazards become more frequent across the U.S., renters face particular challenges.
Regional banks are healthy, says Rithm Capital CEO
Rithm Capital CEO Michael Nierenberg joins ‘Squawk on the Street’ to discuss the company’s acquisition of Sculptor Capital Management, how concerned the chief executive is about the commercial real estate market, and more.
RXR CEO on commercial real estate risks
RXR Realty CEO Scott Rechler joins ‘Squawk on the Street’ to discuss why Rechler’s been so outspoken about troubles in the commercial real estate sector, if it’s too early to put capital to work in real estate, and more.
Adam Neumann is trying to buy WeWork, but Third Point says financing not committed
Billionaire Adam Neumann is trying to buy back bankrupt real estate company WeWork, DealBook reported Tuesday.
Insurers such as State Farm and Allstate are leaving fire- and flood-prone areas. Home values could take a hit
Insurance companies are reducing coverage in climate-dangerous markets, leaving many homeowners without affordable property insurance options.
Mortgage rates jump back over 7% as stronger economic data rolls in
Mortgage rates crossed over 7% for the first time since December, making homes less affordable just ahead of the spring housing market.
The hidden reason some U.S. homes are losing value
Many homeowners in the U.S. are losing their home insurance policies. Major insurers like State Farm and Allstate are no longer offering new policies in California. State Farm attributes this to increased wildfire risk, inflation and other challenges in the region. Louisianan and Floridian homeowners are facing similar issues due to flood risk. Watch the video to learn more about why homeowners are receiving non-renewal notices and what that means for the U.S. real estate market.
Why U.S. renters are taking corporate landlords to court
U.S. landlords who use RealPage products to set prices on rental apartments are facing accusations of collusion.
Rental markets are softening, but half of U.S. tenants spend more than they can afford, Harvard report finds
Half of renters in the U.S. are considered cost-burdened, meaning they spend 30% or more of their income on housing, a Harvard study found.
IMF expects new housing demand in China to drop by around 50% in the next decade
Demand for new housing in China is set to drop by around 50% over the next decade, making it harder for Beijing to quickly bolster the country’s overall growth.