Commercial Real Estate Foreclosures Jumped 117% in March

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The cracks in the economy are getting bigger. It’s only a matter of time before more banks fail. Article is below.

The commercial real estate market is starting to buckle under the weight of higher interest rates and remote work.

There were 625 commercial real estate foreclosures in March, up 6% from February and 117% from the same time last year, according to a new report published by real estate data provider ATTOM.

See also  German inflation jumped to 2% in October, exceeding expectations and fueled by rising food prices.

https://www.foxbusiness.com/economy/commercial-real-estate-foreclosures-jumped-march-trouble-looms


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