Economy Watch: Are Millennials Key for the Recovery of the Single-Family Market?
The single-family market is improving, but at a slow pace. Could Millennials aid in the recovery?
Market Snapshot: 2014 – A Great Year for the Cincinnati Industrial Market
The Greater Cincinnati Industrial Market has registered its fifth consecutive year of positive net absorption, industrial vacancy has dropped to the second lowest level in a decade, and sale prices and demand from investors are all on the rise.
Market Snapshot: Cincinnati Office Market Registers Fourth Consecutive Year of Positive Absorption
Cincinnati’s office market has seen four consecutive years of positive absorption. During the last quarter of 2014, 59,876 square feet was positively absorbed by office users in the area, pushing the total for the year to 23,630 square feet.
Market Snapshot: Thriving Cincinnati-Area Retailers Help Push Down Vacancies to Pre-Recession Levels
Retailers operating in the Cincinnati area are thriving. According to Marcus & Millichap, retail spending has increased in the region, thanks to the rising employment, household income and consumer confidence.
Durable Growth
(value of manufacturers’ new orders; not seasonally adjusted; $ in millions)
Going Down
(national cap rate performance based on properties and portfolios of $2.5 million and greater)
Economy Watch: US, World Metro Areas’ Economic Growth Vastly Uneven
The fastest-growing metro areas in the United States year-over-year in 2014—including both employment growth and GDP per capita growth combined—were (in order beginning with the strongest): Austin, Houston, Raleigh, Fresno and Dallas.
Economy Watch: Millennials Will Continue to Be Renters. Here’s Why
All good times do come to an end, but in the case of the running boom for U.S. apartment properties, demographic data (demand) and development data (supply) are still on the landlords’ side and likely will be for at least another decade, if not longer.
Economy Watch: Homebuilders Still Optimistic, Says NAHB
During the worst of the recession, the confidence of homebuilders nationwide was absolutely crushed. But homebuilders finally reached a more optimistic frame of mind.