Commercial Real Estate & Business News December 31, 2019
For the First Time in History, the US Economy has Started and Ended a Decade Without a Recession There’s a saying among economists that “expansions don’t die of old age.”In the case of the American economy over the past decade, it rings true. As of December, the U.S. economy has expanded for a record 126 straight […]
Commercial Real Estate & Business News December 30, 2019
Arizona is the No. 2 Relocation Destination for Californians Americans are one of the most mobile nations in the world, according to a global study led by researchers at the University of Queensland, Australia. U.S. citizens ranked third in terms of cross-country mobility among the 60 countries considered in the research, and their appetite for moving […]
Commercial Real Estate & Business News December 23, 2019
Versace Joins High-End Retail Parade at Scottsdale Fashion Square in Arizona Versace is stepping into the shopping scene in Scottsdale, Arizona, along with the well-heeled who flock to Scottsdale Fashion Square, a mall recognized for its collection of luxury retailers. The iconic Italian apparel and accessories brand was started in 1978 by haute couture designer Gianni […]
Commercial Real Estate & Business News December 20, 2019
NRF: Nearly 148 million Consumers Plan to Shop on Super Saturday Consumers still have plenty of holiday shopping to do. An estimated 147.8 million U.S. consumers expected to shop online and in-store on Super Saturday, Dec. 21, according to the annual survey released Tuesday by the National Retail Federation (NRF) and Prosper Insights & Analytics. That […]
Commercial Real Estate & Business News December 19, 2019
The Monday Morning Quarterback It was an interesting week. Most of the economic news was good. The U.S. and China reached an interim agreement on tariffs. The U.S. will agree not to impose tariffs on $160 billion worth of Chinese goods that were supposed to go into effect yesterday. In addition, import taxes on $112 billion […]
Commercial Real Estate & Business News December 18, 2019
Freddie Mac’s Guggenmos Looks Ahead to 2020 for Multifamily Apartment rents are still on the rise. Rental communities across the country are still fully occupied on average, despite years of new construction. But just a few months ago, the financial markets flashed warning signs of a possible recession in 2020. How long can the good times […]