Category: Nettamorfasis
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Claims Pile Up
U.S. jobless claims surged to their highest level in nearly four years, with 263,000 people filing for unemployment benefits last week. The uptick suggests cracks in the labor market that had, until recently, remained resilient despite higher interest rates.…
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7 new Sarasota restaurants we’re most excited to see open soon — from downtown to UTC
by: Wade Tatangelo and Jimmy Geurts via Sarasota Herald-Tribune 520 N. Tamiami Trail, Sarasota; 941-777-1000; 1000northsarasota.com One of the more attention-grabbing restaurant announcements so far this year came with the news of 1000 North, which features celebrity cofounders including basketball legend Michael Jordan…
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Bone, Thugs & Harmonious … Inflation “Crossroads”
Markets are heading into a crucial week perched at record levels, but the calm belies the risks ahead. A trio of inflation releases (CPI, PPI, and a closely watched jobs report) will give investors fresh insight into whether price…
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Florida renters struggle with housing costs, new statewide report finds
by Brittany Sylvestri via UF News Nearly One Million low-income renter households in Florida are struggling to afford their housing costs, according to the 2025 Statewide Rental Market Study, released by the University of Florida’s Shimberg Center for Housing Studies. Prepared for Florida…
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Multifamily Starts Surge in June, Raising Questions About a Rebound
The seasonally adjusted annual rate (SAAR) for multifamily starts shot up 30.6% in June to 414K units via CREDaily <— Click here for complete articles Multifamily Starts Surge in June, Raising Questions About a Rebound Despite volatility in the data,…
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Powell signals rate cut
U.S. stocks climbed Friday after Fed Chair Jerome Powell signaled the central bank could be ready to trim rates at its upcoming September 16 meeting. Speaking in Jackson Hole, Powell characterized the current policy stance as “restrictive,” suggesting…
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Survey Signals Cap Rate Plateau, but CRE Headwinds Haven’t Cleared
By Erik Sherman via CRE Daily <— Click here to view complete article CBRE’s midyear survey of over 200 brokers indicates cap rates may have hit their peak in early 2025, even amid a rollercoaster ride in Treasury yields. By the numbers: The 10-year…
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New construction pushes Sarasota, Florida’s multifamily vacancy to decade high
Rents fall as concessions become widespread and below data is pieced together from Costar Insights, CRE daily & Realpage. Effective asking rents dropped 2%–8% across most Florida markets in the year ending Q2 2025, with Naples and Cape Coral seeing…
