CMBS Stress Climbs Every Week
Office distress just hit another all-time high, and the CMBS market is starting to look like a clearance aisle.
Lenders are finally running out of patience, which means more bad loans are about to hit the market at real discounts.
That shift is pulling in big buyers who’ve been waiting for sellers to blink.
Top stories of the week
Click any headline to read the full story.
CMBS Delinquency Rate Climbs in October 2025 as Office Sets Another All-Time High
Foreclosure filings are up nearly 6% nationally in 2025, with some states seeing double-digit jumps, creating a growing pool of motivated sellers under time pressure.
Portland Housing Market: Price Cuts as Buyer Power Grows
Nearly half of all listings in the Portland metro now have price cuts, with homes sitting on the market a median of 84 days—one of the slowest, most buyer-friendly environments in the country.
Commercial Real Estate Deals are Slowing, but These Two Sectors are Shining
Large tech firms and major funds are selectively scooping up discounted office campuses and strip centers, signaling where institutional capital sees durable value despite economic uncertainty.
Here Come the HELOCs
Mortgage and HELOC balances continue to rise, with HELOCs up 33% since 2021 as homeowners tap equity lines again, though overall housing-debt burdens remain historically low relative to income.
Top 10 Opportunity Zones Where Median Home Price Nearly Doubled Annually in Q3 2025
Despite doubling in value in some places, most Opportunity Zone homes still sell far below national medians, with half priced under $225,000 and only 20% above $370,000, keeping them firmly in the “affordable but appreciating” category.
Household Debts, Debt-to-Income Ratio, Delinquencies, Collections, Foreclosures, and Bankruptcies of our (not so) Drunken Sailors in Q3 2025
The spike in delinquencies is almost entirely driven by long-dormant federal student loans reappearing on credit reports, while mortgage, consumer-loan, and foreclosure metrics remain unusually low.
