Commercial Real Estate & Business News – November 1, 2016
Homeownership Rate Still Has Room to Bottom Out When will the homeownership rate bottom out? It’s a good question without a definite answer, but obviously we haven’t found the bottom yet. The most recent reading of 62.9% matches the historical record-low set back when the government first began tracking these data…» Arizona Taxable Sales Showing […]
Commercial Real Estate & Business News – October 31, 2016
HAPPY HALLOWEEN! Why Retailers Are Opting For Uptown Phoenix in Lieu of Scottsdale If you’re in the need of a shopping spree – cue ’80s music montage in the dressing rooms – then you’re more than likely not going to Scottsdale. Shopping is the most-frequently participated in activity for both overnight and day-trip domestic visitors […]
Commercial Real Estate & Business News – October 21, 2016
Here’s Why Housing Remains a Bright Spot in the Economy Housing remains a bright spot for the economy in October. It’s not a statement you expect to hear as we look at the rising home prices and dwindling inventory, but it’s exactly what Freddie Mac stated today in its monthly Outlook for October. Consumer […]
Commercial Real Estate & Business News – October 20, 2016
Consumer Spending Leading Economic Growth, Says Moody’s Consumer spending in the U.S. has been growing by about 3 percent year-over-year, which is weak by historical standards when the country is not in a recession. However, the risks going forward are weighted to the upside, says Moody’s Senior Director Scott Hoyt…» More Pension Fund Money Flowing […]
Commercial Real Estate & Business News – October 19, 2016
Commercial Real Estate Plays It Safe U.S. commercial real estate prices have reached new highs, but the sector is a much safer place today than it was before the 2008 financial crisis…» Banks Pick Up Greater Share of Multifamily Lending Business Banks lenders originated more than a third-38 percent-of all permanent apartment loans in the […]
Commercial Real Estate & Business News – October 18, 2016
Office Market Going Strong, But Rent Growth May End in 2018 Office occupancy and absorption rates both remained high in the third quarter, as job growth continued to improve and companies took more risks on new leases, according to experts…» The Best and Worst Cities to Own Investment Property Rental property owners in Phoenix […]