Category: development
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Who Would Be Best for Commercial Real Estate as President?
CRE pros say policies aren’t clear and the big question will be Congress. By Erik Sherman via GlobeSt – Click here for full article – November 05, 2024 at 05:53 AM It’s election day. Time to cast your ballot — only,…
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US homebuyers are older and wealthier than ever as campaigns promise housing help
US homebuyers are older and wealthier than ever as campaigns promise housing help The renter generation… The wooden salad bowl industry must be reeling: housewarming gifts could be in danger. The median age of first-time home buyers in the US rose to a…
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Multifamily Investor Newsletter – Hurricane Edition via Palm Companies
I often find The Palm Companies newsletter informative and helpful… This time around is no different. Enjoy. Investment Commentaryby principals Josh Diggs, Rachael Munkwitz, Dan Pepper As we clean up storm-damaged properties & relocate over 100 residents, we wanted to share a…
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Existing home sales fell again, to a 14-year low
Tom Jones via Sherwood News – 10/23/24 The “freeze” in the housing market is showing few signs of thawing out. In September, previously owned American home sales slowed to a seasonally-adjusted annual rate of just 3.84 million, some way below analysts’…
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Young Americans fuel rural resurgence
Gone country … New USA Today reporting highlights a growing trend of young Americans moving away from large metropolitan areas to small towns and rural communities. This shift, which began during the pandemic, has continued well into 2024. According to a University of Virginia…
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Here is where American’s moved from (and to) in 2023.
By Jon Keegan via Sherwood News –– Click Here for complete article and others similar to it. 10/18/24 12:49PM The US Census Bureau has just released its latest estimates for state-to-state migration flows. Americans were asked if they lived in…
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This week on Wall Street
This week on Wall Street Earnings to Election … Here’s what to look out for in the week ahead. Key Earnings on Deck This week, several major companies will release earnings reports that are likely to stir market activity. On Tuesday, General…
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Earnings wrap: big banks top estimates as i-banking surges and spending stays solid
Earnings wrap: big banks top estimates as i-banking surges and spending stays solid Via Sherwood News – Click here for more articles like this one. Wall Street POV… Investment-banking biggies including Morgan Stanley and Goldman Sachs unloaded sturdy Q3 results after rate cuts boosted dealmaking…
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Will Rate Cuts Help Commercial Real Estate Debt?
Despite the Fed’s decision to reduce its benchmark interest rates, commercial investors may find that it’s too little, too late for their highly indebted properties. Source: The Wall Street Journal (09/23/24) Parker, Will With the recent action by the U.S.…