Category: Nettamorfasis
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When you build “luxury” new apartments in big numbers, the influx of supply puts downward pressure on rents at all price points — even in the lowest-priced Class C rentals.
“In Florida — which continues to make itself a supply magnet with strong demand + the boost from the new Live Local legislation — three markets (Fort Myers, Sarasota, Daytona Beach) are seeing Class C rent cuts around 10-12%. “…
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In 2024, Multifamily completions are outpacing new starts at the largest levels since 1975.
This research and article comes from Jay Parsons, Rental Housing Economist (Apartments, SFR), Speaker and Author. <— Click on link to see other articles and research from Jay. So far here in 2024, U.S. multifamily completions are outpacing new starts…
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April jobs report
After a few months of unwanted growth in the employment market, the April 2024 jobs report indicated signs of cooling. The U.S. added 175,000 jobs, still more than the Fed would like, but fewer than was expected. Wage growth, which…
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Tampa Retail Real Estate Market Report
Article via Bounat.com – Click Here for complete story and others similar to it. The commercial real estate brokers at Bounat work diligently to compile a comprehensive list of the top commercial real estate activity in the Florida region on…
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A New Workforce Housing Development Is Headed to Bradenton
The Nest at Robin’s Apartments will see 182 residential units all priced as workforce housing. by Kim Doleatto via SRQ Magazine – Click here for this complete article and similar stories The Nest at Robin’s Apartments will bring 182 new residential…
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New retirement regulation
The U.S. Department of Labor released new regulations on Tuesday expanding the scope of fiduciaries in relation to retirement accounts. With the peak of the baby-boom generation in or approaching retirement, rollovers of money from 401(k)s to IRAs are on…
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Home sales drop
via Titan Funds Home sales for previously owned homes dropped 4.3% in March, and sales were 3.7% lower year over year. Although inventory improved significantly during the month, less people are buying homes due to increasing mortgage rates. All-cash purchases…
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Norway has all the cheddah.
written by William Coulman, David Crowther via sherwood news.com Norway’s nest egg The value of Norway’s sovereign wealth fund rose 6.3% last quarter, adding a whopping $110 billion to the country’s stockpile despite technically falling just shy of its target benchmark return. What started as the Norwegian government’s rainy…
