Market Snapshot: Denver’s Soaring Rental Rates
Driven by substantial job growth and rising rental rates, Denver boasts one of the strongest multifamily markets in the country.
Economy Watch: Retail Sales Growth Slows to a Halt
Retail sales growth took a pause in April, according to the Census Bureau.
Economy Watch: Another Lackluster Q1 Metric (And One That Wasn’t So Bad)
More evidence that the first quarter is going to be remembered as one in which the U.S. economy ran in place (which doesn’t do anyone any good, including various stripes of real estate): consumers didn’t do much more borrowing of any kind during the quarter.
‘Economy Watch’ Podcast with Dees Stribling: A Good Jobs Report
A good jobs report, but not as robust as late last year.
Economy Watch: Two Tales of Employment Recovery: Construction and Hospitality
Construction has had a fairly good run lately in terms of job creation, with the Bureau of Labor Statistics reporting that the industry added a net of 45,000 positions in April, after not budging much in March.
Economy Watch: How Strong is Employment Among Millennials?
The April Bureau of Labor Statistics employment report was generally good news, with a net gain of 223,000 jobs and an unemployment rate of 5.4 percent, the lowest that metric has been in the last seven years, since the onset months of the recession.
APARTMENT MARKET STATISTICS: May 2015
According to forecasts by Marcus & Millichap, 210,000 units will be completed in 2015 in major metropolitan areas, with average effective rents of $1,219 and average vacancy rates of 4.8 percent.
Economy Watch: Will the Economy’s Continuing Slow Growth Affect Real Estate Development?
Now that a crummy first quarter, at least in terms of U.S. economic growth, has been verified by the preliminary GDP numbers (up a meager 0.2 percent), attention turns to the second quarter.
‘Economy Watch’ Podcast with Dees Stribling: Minuscule Economic Growth
Minuscule economic growth for Q1 2015.