🚨 REOs Are About to Hit Hard
$350M in Loans Abandoned
Mortgage borrowers across Jacksonville, Charlotte, Memphis, and Las Vegas are hitting 30-day delinquencies at rates we haven’t seen since 2008, and the banks holding those loans are already marking them nonperforming.
The pace of REO conversions is accelerating faster than most analysts expected, with lenders choosing to dump properties rather than ride out another workout cycle.
Meanwhile, $350 million in commercial mortgages just got handed back to lenders this week as vacant offices and shuttered retail forced borrowers to walk away.
Passive Cash-Flowing Properties
Buy shares of investment properties, earn rental income & appreciation for anywhere from $100 to $20k — let Arrived take care of the rest.
Special servicers are now sitting on a growing pile of these returned loans, and they’re pricing them for quick exits rather than long holds.
What looked like isolated stress in Q3 is starting to look like coordinated capitulation across multiple asset classes and geographies. points get negotiable.
In this edition of the AltReports:
🌞 Sun Belt Delinquencies Explode
🏢 $350M in Loans Returned to Lenders
❄️ Credit Freeze Kills CRE Refinancing
📉 14 Markets Drop 10%-25% from Peak
🏙️ Downtown Office Defaults Spike Hard
⚠️ 7 Housing Markets on the Brink
Video of the Week: Governor Of Texas LOSES IT After Buyers ABANDON Austin Home Sales!
Chart of the Week: Troubled Office Loans and REO Office Properties up 2.2%
Podcast of the Week: 5+ Ways to Cash Flow in an Expensive Real Estate Market
Sun Belt Delinquencies are Exploding, and Banks are About to Offload Bad Loans
Mortgage borrowers in Jacksonville, Charlotte, Memphis and Las Vegas are racking up 30-day delinquencies at levels not seen since the last housing crash.
Banks are already slapping nonperforming labels on loans and rushing to foreclose or dump REOs, shifting risk back to the market faster than anyone predicted.
💡 Investor Takeaway: Contact lenders in Jacksonville, Charlotte, Memphis, and Las Vegas about their non-performing loans and bank-owned properties.
Lenders Drowning in Returned Loans as Vacancy Doom Spreads
This week saw $350 million in commercial mortgages returned to lenders as empty offices and ghost malls pushed borrowers into default.
Banks are now dumping these underperforming loans at deep discounts and handing them off to special servicers.
💡 Investor Takeaway: Reach out to special servicers handling vacant office and retail properties.
Credit Freeze Blows Up CRE Refis and Sparks Distress Bonanza
Lenders have slammed the credit taps shut, leaving a wave of commercial loans teetering on default.
That’s blasting yields sky-high and slamming the door on easy refinancing.
💡 Investor Takeaway: Research office and retail loans coming due in the next 12 months.
14 Major US Markets See Single-Family Home Prices Drop 10%-25%
Single-family home prices in 14 major cities and counties have slumped between 10% and 25% from their peaks through October.
That collapse is pushing more owners toward distress and flooding local markets with bargain listings.
💡 Investor Takeaway: Identify which of these 14 markets match your investment criteria.
Office Loan Defaults Surge in Downtown Districts
Downtown office loans are blowing up with defaults spiking as tenants bail on pricey city blocks.
Banks are forced to restructure or foreclose en masse while dry capital markets choke off rescue deals.
💡 Investor Takeaway: Track which buildings are losing major tenants in your target cities.
7 Housing Markets on the Brink
These seven overheated housing markets are collapsing under sky-high mortgage costs, growing vacancies, and desperate sellers slashing prices.
Buyers are tapping out as unsold homes pile up, pushing prices into bargain-basement territory.
💡 Investor Takeaway: Look for homes that have been listed for 60+ days with multiple price reductions.