Commercial Real Estate & Business News May 29, 2018
Fed Changes Tune on Raising Interest Rates this Year Many experts have been more bullish in their approach to increases to the federal funds rate in 2018, forecasting a total of four rate hikes for the year. Last year, experts even predicted the President Donald Trump’s selection for Federal Reserve Chair wouldn’t matter – the […]
Commercial Real Estate & Business News May 25, 2018
Does Phoenix Need More Co-Working Space? If Phoenix wants to establish itself as a bona fide tech market, more co-working space would probably be a good start. Google, Apple and Microsoft were once fledgling companies based out of garages. But today they might have started off in a co-working space like Uber, Instagram and Indiegogo […]
Commercial Real Estate & Business News May 24, 2018
What The Shopping Center Of The Future Might Include LAS VEGAS-GlobeSt.com met up with a few executives Monday at ICSC RECon to chat about all things retail. According to Amy Fingerhut, first VP at CBRE, she is seeing an increased interest in retail in urban core submarkets. For example, in downtown Atlanta, she tells GlobeSt.com that the […]
Commercial Real Estate & Business News May 18, 2018
Optimism Amid Housing Shortage and Rising Prices A stronger economy, wage growth and an improving job market are expected to march home sales and prices higher in 2018, but low supply and weakening affordability will tamper the rate of increases, according to speakers at a residential real estate forum during the 2018 REALTORS Legislative Meetings […]
Commercial Real Estate & Business News May 17, 2018
Will Rising Rents Make Millennials Purchase Homes? Millennials are the largest class of homebuyers in the market and will have paid more for rent than any previous generation by time they are 30, according to a RENTcafé report. Rent prices are increasing and millennials know they’re investing in their property with every upgrade they make, […]
Commercial Real Estate & Business News May 16, 2018
The Retail Sky Is Not Falling Despite lots of opinions to the contrary, the retail sky is not falling and the world is not coming to an end. The retail landscape is indeed evolving, morphing and transforming into something new, however, these are challenging times for many retailers as they try to navigate uncharted territory. […]