Commercial Real Estate & Business News – March 14, 2016
Fed Sits Tight on Rates But Hints at Hikes to Come The Federal Reserve won’t raise interest rates this week, but will likely make clear that as long as U.S. inflation and jobs continue to strengthen, economic weakness overseas won’t stop rates from rising fairly soon. That will be a big change from the last […]
Commercial Real Estate & Business News – March 11, 2016
Warren Buffett: Don’t Bet Against America In his most recent letter to Berkshire Hathaway shareholders, Warren Buffett commented that politicians’ views of America’s future are “dead wrong.” Buffett believes that not only are we going to leave our children with an even better America than the one we inherited, but America’s economy will continue to […]
Commercial Real Estate & Business News – March 10, 2016
Americas Buyers Plan To Step It Up This Year Investors’ top pick among US metropolitan areas is Los Angeles, which elbowed New York City into second place. All other US “gateway” markets ranked high among investors, who also cited a preference for Dallas/Ft. Worth, Atlanta, Seattle and Denver. Outside the US, the top-ranking Americas market […]
Commercial Real Estate & Business News – March 2, 2016
US Construction Spending up 1.5 Percent in January U.S. construction spending increased in January by the largest amount in eight months as weakness in homebuilding was offset by a solid rebound in nonresidential activity. Construction spending increased 1.5 percent in January, the biggest gain since May, following a 0.6 percent increase in December, the Commerce […]
Commercial Real Estate & Business News – March 1, 2016
U.S. Incomes are Finally Growing The missing piece from the economic recovery has finally materialized. Median household income, adjusted for inflation, is now higher than it was before the recession that began at the end of 2007, according to new data published by Sentier Research. The typical family earned $57,153 in December, which is 4.3% […]
Commercial Real Estate & Business News – February 29, 2016
Cutting-Edge Design And Sustainability Converge In Tower Optima Kierland, a new community featuring high-rise luxury living, is now underway. Situated on 9.5 acres at Scottsdale Road and Kierland Boulevard, the multifamily development is to feature floor-to-ceiling glass, allowing desert and mountain views. The property is located in the heart of the North Scottsdale urban core, […]