Crash Survival Zone

Flux and turmoil will not rule the state’s residential real estate market forever, as all market specialists agree. But what comes afterward?

“The question isn’t ‘When do things go back to normal?’ ” declared Rutgers University’s planning and public policy dean, James W. Hughes. “It’s ‘What will the new normal look like?’ ”

The short answer from [...]

Vacancy rates in office buildings exceed 10 percent in virtually every major city in the country and are rising rapidly, a sign of economic distress that could lead to yet another wave of problems for troubled lenders.

With job cuts rampant and businesses retrenching, more empty space is expected from New York to Chicago to Los [...]