Category: economics
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In brutal temps, air-conditioning businesses thrive as the cooling industry heats up
Article via Robinhood Snacks Blastin’ the AC… In the dog days of summer, cooling is king. Scorching temps that saw 150M+ Americans under heat alerts last month have air-conditioning companies booming. Helping business: the average lifespan of an AC unit is…
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Fed meeting
The Fed comes front and center today and the big question heading into the meeting comes down to how strongly officials signal their desire to cut rates. The central bank is widely expected to hold its benchmark short-term interest rate…
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Commercial real estate distress
Article via Titan.com – Click here to visit them and receive news on a daily basis. Commercial real estate distress, specifically office, is on the rise as multiple firms announce that they’ve set aside greater amounts of cash for real…
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What is going on with lease-up in newly built apartments?
I’ve been noticing the concessions in ads and marketing for almost all apartments and single family rental communities. Yesterday in fact I drove by a newer apartment complex in Sarasota and saw a ‘two months free’ banner and passing another…
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Banking Ranking
Article via Titan.com Banks are always some of the first companies to report earnings and we’re well on our way with mixed results. Banks and financial companies are usually strong barometers for the strength of the economy given their access…
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The New York Times warns apartments could be in trouble, in part due to “waning demand in some once booming Sun Belt cities.” But is that true?
Another fantastic researched article by Jay Parsons via LinkedIn Jay Parsons • Rental Housing Economist (Apartments, SFR), Speaker and Author The New York Times warns apartments could be in trouble, in part due to “waning demand in some once booming…
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Learn & know everything you can before you purchase a vacation rental property in Sarasota, FL
Make certain if you’re purchasing yourself, that you are up to speed on the city and county regulations, requirements, licenses, fees, etc. If you are purchasing from an agent who has the property listed, they should provide that knowledge, but…
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Newly Built Apartments Are Filling Up at the Slowest Pace Since 2020
Published by July 1, 2024 by Lily Katz and Sheharyar Bokhari via Redfin – Click here for complete story and other similar articles 47% of U.S. apartments that were completed in the fourth quarter were rented within three months, down from 60% a year…
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Inflation data
On Friday new inflation data was released that showed the core personal consumption expenditures price index increased 0.1% for the month and was up 2.6% from a year earlier. The highly anticipated print, which exposes price changes passed on to…
