Commercial real estate foreclosures are surging across the U.S., with foreclosures climbing 48% in September year-over-year. California's numbers are especially striking, with a massive 238% increase, per ATTOM's recent report, as detailed by Business Insider. This spike points to growing pressures in the sector. This trend is likely influenced by rising interest rates and lingering effects from post-pandemic shifts in demand, particularly for office spaces. States like New York and Florida are
  • @bamficEnglish
    11•3 months ago

    Finally we find out the real reason why there has been so much return to office bullshit going on.

  • HubertManne
    8•3 months ago

    This could be good. I know in chicago there has been plans to convert them to residential.

  • @raynethackeryEnglish
    7•3 months ago

    Oh no, so what’s everyone having for dinner?

    • @RebekahWSDEnglish
      2•3 months ago

      Possibly some brie and crackers, maybe some ramen instead. You?

      • @raynethackeryEnglish
        2•3 months ago

        I just got paid so I think I’m going to get takeout. I think some fettuccine Alfredo.