Cross-border property investment overcomes pandemic challenges. The onset of the global health crisis raised concerns that international investment into U.S. commercial real estate would be significantly waylaid by travel restrictions and other precautions. While the amount of capital crossing from abroad did decline during the pandemic, overall acquisition activity fell more steeply, resulting in a higher ratio of foreign investment…
Read MoreGDP grew at 4% annualized pace in 4Q 2020, roughly in-line with expectations. Economic activity shrank a total of 3.5%…
Read MoreEmployment growth climbs. The pace of hiring accelerated in June as employers brought on 850,000 new personnel, following the creation of 583,000 jobs last month. These gains reflect the ongoing reopening of the economy…
Read MorePandemic heightens changes in lifestyle. The leading edge of the 72 million millennial cohort began to age into the homebuying stage of life during the global financial crisis. Deterred by the housing crisis that followed, many delayed purchasing. Although millennial homebuying had picked up before the health crisis began, it was sped up dramatically…
Read MoreWith the last of the nation’s capacity limits schedule to lift in the next several weeks, the economy is on its way to recovery but still faces distinct headwinds. Potential sellers and buyers should consider the unique and likely fleeting window that the current market situation presents.
Read MoreAs the pandemic winds down, the market is seeing aggressive activity as investors look to place capital among a market of tremendous liquidity, low interest rates, and strong bidding activity.
Read MoreRestrained stock and rising costs pose challenges for developers. Over the past year, a lock of available building materials and skilled labor contributed to sizable surge in prices and delayed or canceled the completion of some residential and commercial real estate projects…
Read MoreAs the stimulus dissipated, consumer spending dipped 0.8 percent in April as shoppers stepped back from record purchasing. Year over year, core retail sales jumped 37.6 percent, though the annual comparison comes against a backdrop of broad shutdowns in April 2020. Some of the slowdown can be attributed to…
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