Category: economics
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The US housing shortage means no one’s making moves — and gridlock could last years
via Sherwood Media / Robinhood Snacks The US housing shortage means no one’s making moves — and gridlock could last years 50 neighborhoods, zero open houses… By some measures, it’s never been harder to find a home in America — let…
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X (Twitter)& LinkedIn perspectives and commentary on the Commercial Real Estate Markets and our Investment Futures.
I follow and engage with some very interesting and intelligent folks on ‘X’ (aka) Twitter and while the majority of us chime in with brief opinions or support, there are some vocal folks on there. They provide a lot of…
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Real Estate Trends
By James Forsyth Notes below from a recent real estate luncheon in Sarasota, FL Excerpts relating to Commercial asset classes below; ‘On the seller side, Saunders mentioned that those who did not sell at the height of the market are…
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US Multifamily Demand Picks Up Steam
By Bill Kitchens and Itziar Aguirre via CoStar NewsReIntelligent.com Apartment demand is rising across U.S. several markets through the first half of 2023, an encouraging turn after demand underperformed last year. Dallas-Fort Worth, Houston, Phoenix, Atlanta and Austin, Texas, all report…
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‘… It’s tearin’ up my heart when I’m with you’
“… It’s tearin’ up my heart when I’m with youBut when we are apart, I feel it tooAnd no matter what I do, I feel the painWith or without you” ~ NSYNC Recession fears ease thanks to promising economic data, helping…
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June 2023 Car Loan Rates
From @DrTCJ Explosive Car Loan Rates June 2023 Average Car Loan Rates – APR Cox Automotive 8.91% new cars13.50% used cars Edmunds.com 7.1% new cars11% used cars @NerdWallet
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Inflation numbers
US Inflation Rate (CPI), YoY % Change… Jun 2022: 9.1%Jul 2022: 8.5%Aug 2022: 8.3%Sep 2022: 8.2%Oct 2022: 7.7%Nov 2022: 7.1%Dec 2022: 6.5%Jan 2023: 6.4%Feb 2023: 6.0%Mar 2023: 5.0%Apr 2023: 4.9%May 2023: 4.0%Jun 2023: 3.0% From @EPBResearch Shelter/Rent is adding ~150bps…
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Average build times for construction 2022
Thought this information was interesting. The average time to build a new single-family home in 2022 was 9.6 months, 6 weeks longer than in 2021 Average Build Times 8.9 months built for sale11.6 months build to rent11.3 months built by…
The Commercial Real Estate Alpha Site 