Economy Watch: Boston Fed Head Worries About CRE
Federal Reserve Bank of Boston president Eric Rosengren noted a number of things of interest to commercial real estate.
Economy Watch: Single-Tenant Retail Accounts for Most Growth in the Sector
Retail’s been the poor stepchild of the recovery in real estate, especially when it comes to development.
Five Cutting-Edge City Initiatives in Affordable Housing
We’ve identified five of the newest or most creative local initiatives to deliver more affordable housing units to the renters who need it.
Economy Watch: Apartment Fundamentals, Sales Still Solid
According to ABODO, apartment sales are up 33 percent.
Yardi Matrix: The New Las Vegas
Following a few years of solid job growth, Las Vegas is seeking to broaden its identity, pivoting away from the Sin City image to a more convention-centric, diversified economy that will hold up better during cyclical valleys.
Yardi Matrix: Orlando’s Economic Boom
Buoyed by record tourism numbers and strong job growth, Orlando’s economy is booming.
Yardi Matrix: Will This Be Baltimore’s Year?
Baltimore’s multifamily market has lagged national growth in recent years, but positive signs are providing hope.
Yardi Matrix: Appealing Austin
Austin’s steady economic and multifamily sector growth continues unabated, although the heavy supply pipeline is leading to fears about overdevelopment.
Consumer Spending Growth Tiny, Consumers Seem Nervous
Without growing income, retail spending is going nowhere, so it’s reasonably good news that U.S. personal income increased $57.4 billion, or 0.4 percent, in March according to the Bureau of Economic Analysis.
Economy Watch: FOMC Stands Pat Again
The Federal Open Market Committee declined to adjust the federal funds rate.