Economy Watch: Consumers Expected to Spend More This Holiday Season
The International Council of Shopping Centers forecasts that U.S. holiday retail sales will improve 4 percent this year compared with 2013 (the organization counts sales in November and December as holiday sales).
Market Snapshot: Richmond’s Strenthening Economy Drives All Sectors of Real Estate
The first half of 2014 shows positive growth for Richmond’s multi-family and commercial markets, according to recent reports from Real Data and CBRE.
Economy Watch: Residential Price Increase Still Slowing
Trulia reported that asking prices for U.S. residential properties rose 0.8 percent in September, up in 92 of the 100 largest metro markets.
Economy Watch: FOMC Noncommittal on Interest Rates
The Federal Open Market Committee released its notes from its Sept. 16-17 meeting, and as usual, it purposefully offered nothing conclusive about when interest rates will rise.
Economy Watch: Number of Job Openings Jumps
There were 4.8 million U.S. job openings on the last business day of August, up from 4.6 million in July, the Bureau of Labor Statistics reported in its Job Openings and Turnover Summary (JOLTS).
‘Economy Watch’ Podcast with Dees Stribling: A Strong Month for Employment Growth
September was a strong month for employment growth.
Economy Watch: Mortgage Delinquencies Edge Up, Foreclosures Down
Black Knight Financial Services reported in its latest Mortgage Monitor that 5.9 percent of U.S. mortgages were delinquent in August, up from 5.64 percent in July.
Economy Watch: Employment Expansion Picks Up Again in September
The number of jobs created in September rebounded—248,000 versus a 12-month average of 213,000 per month—and some sectors added jobs robustly, according to the Bureau of Labor Statistics.
Market Snapshot: Jobs and New Units Put Pressure on Residential Market as Medical Office Sector Shows Signs of Life in San Diego
San Diego is a city of ups and downs and quite a number of contradictions that keep investors guessing in some areas, while the general consensus seems to be that the market is stabilized, if not improved.
Economy Watch: Economy Adds 248K Jobs in September
According to the Bureau of Labor Statistics, the U.S. economy created 248,000 jobs in September, well beyond the gains of the last 12 months, which have averaged 213,000 per month.