Category: development
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Lakeland, Florida, Multifamily Vacancy Rate at All-Time High as Supply Outpaces Demand
Some very interesting information from Michelle Rumore via Costar with some silver linings at the end. Region’s Pipeline Drops Below 3,500 Units for First Time in Over Two Years By Michelle Rumore Like many areas in Florida, Lakeland’s multifamily market has…
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Inflation’s effect on rents and tenants from a Grocery stores perspective
Who should a price-gouging crackdown hit, the stores or the brands? Selling food to a grocery store is generally more lucrative than running one. via Sherwood news (Getty Images) Who should a price-gouging crackdown hit, the stores or the brands?…
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Fresh data shows inflation’s trending down, boosting hopes of a big rate-cut fall
below news blast is via Robinhood / Sherwood It’s a trend… and your wallet’s grateful. Fresh #s this week showed that inflation’s continuing to cool. Yesterday, the consumer-price index (CPI) showed that annual inflation fell to 2.9% last month — its slowest…
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Slight Apartment Oversupply Expected in 2nd half of 2024
The biggest wave of new apartment supply in decades will temper rent growth and improve affordability for renters in 2024. With delivery of 440,000 new units expected in 2024 and more than 900,000 currently under construction, the overall vacancy rate…
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Election uncertainties exist
Presidential elections typically cast a shadow of uncertainty across markets as investors attempt to weigh the various changes and policy revisions as a result of a changing regime. The giant X-factor heading into November is undoubtedly President Trump’s plans to…
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Inflation data
The Consumer Price Index (CPI), due to be released today, is expected to show prices increased at an annual rate of 3.0%, the same as it was in June. The easing of price pressures has bolstered confidence US officials can start…
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Trampoline Tuesdays… or Tuesday’s Turnaround
Information via Titan – CLICK HERE for more information and to sign up for news blasts like this one. After its worst day in almost two years, the S&P 500, and other major indices, gained back some losses on Tuesday.…
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In brutal temps, air-conditioning businesses thrive as the cooling industry heats up
Max Knoblauch / Thursday, August 01, 2024 via Sherwood <—- CLICK HERE for full article and others similar to it. Blastin’ the AC… In the dog days of summer, cooling is king. Scorching temps that saw 150M+ Americans under heat alerts last month…
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Apartment Rent Growth Is Decelerating
Inflation Measures Have Yet To Reflect Slowing Rent Increases, Lagging Indicator Could Impact Policy DecisionsApartment rent per square foot peaked at an annual growth rate of 10% in early 2023 and has since fallen to less than 5%, according to…
The Commercial Real Estate Alpha Site 