Commercial Real Estate & Business News – April 14, 2017

Often deemed a relatively unexciting sector marked by incremental growth, the asset category is arguably the hottest in real estate, thanks to changing consumer and lifestyle trends. Traditionally seen as unexciting and featuring incremental growth, industrial has become arguably the hottest sector in real estate because of changing consumer and lifestyle trends…»

For months, western markets have led the nation in year-over-year rent growth, according to Yardi Matrix’s monthly rent survey. From Seattle to San Diego, many tech-driven, Millennial-attracting markets have experienced continuous rent growth above previous averages…»

There’s a little bearishness mixed in with the bullish outlook for net lease retail, although it’s not due to any intrinsic weaknesses in the sector itself. Rather, it’s a byproduct of the same investor caution that has tempered investment sales across commercial real estate generally.…»

Trading a rental for the dream of homeownership? Not so fast, according to the latest Freddie Mac survey of renters. An even larger majority of those surveyed said they expect to rent their next home: 59%, up from 55% six months ago…»

Nationally, Q1 foreclosure filings were reported on 234,508 US properties, a decline of 11% from Q4 of 2016 and 19% from the year-ago period for the lowest level since Q3 2006. Q1 foreclosure activity was 16% below the pre-recession average of 278,912 properties for foreclosure filings each quarter between Q1 ’06 and Q3 2007…»