Commercial Real Estate & Business News – September 6, 2024

The positive momentum that began in the first quarter for the apartment sector has largely carried forward into peak leasing season across most markets, according to a RealPage review of Q2 earnings reported by larger multifamily REITs. Apartment demand continued to be strong during…»

Putting World, an indoor, air-conditioned putting course in north Scottsdale, has been growing its business with both golfers and non-golfers over the past 18 months and is preparing to expand. The attraction, which is located inside a 25,000-square-foot space in the Promenade Scottsdale shopping center at …»

Right now, Americans are finding themselves navigating two different living situations: to buy or to rent. A significant portion of the U.S. population is renting for a longer period of time whether due to financial or personal factors. But in Buckeye, homeownership is…»

Job openings fell to 7.67 million in July, down 237,000 from June and the lowest level since January 2021, according to the U.S. Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) report. Yields on 10-year Treasury notes, a barometer for mortgage rates, were down…»

U.S. home-price growth is predicted to finish this year at 4.7% before slowing to 3.1% in 2025, according to a quarterly survey of housing experts conducted by government-sponsored enterprise (GSE) Fannie Mae. The third-quarter 2024 survey polled more than…»