Economy Watch: Healthy Job Creation in February
The U.S. economy created 236,000 jobs in February, according to the Bureau of Labor Statistics. That’s a considerable improvement over January, when 119,000 jobs were created, and compares favorably with the 2012 monthly average of 181,000 jobs created per month.
Economy Watch: Fed Says Economic Still Expansion ‘Modest to Moderate’
The Federal Reserve released its latest Beige Book, which said that “economic activity generally expanded at a modest to moderate pace since the previous Beige Book,” but—and this is a fairly large but—”many Districts noted rising gasoline prices and fiscal policy as having a negative effect on consumer sales.”
Economy Watch: Home Prices Balloon in January
The parade of residential real estate revival numbers continues: CoreLogic reported on Tuesday that home prices nationwide, including distressed sales, increased year-over-year by 9.7 percent in January 2013.
Economy Watch: Forbes Updates Billionaire List for ’13
Forbes magazine published its 27th annual list of billionaires on Monday, with most of the usual suspects populating the tip-top of the list, such as Mexican communication mogul Carlos Slim Helu, Bill Gates, Warren Buffet and the Koch brothers all making appearances, though they fluctuate in position from year to year.
Economy Watch: Personal Income Drops
The Bureau of Economic Analysis reported that U.S. personal income took a hit in January. At $505.5 billion, income was down 3.6 percent for the month, the largest drop in about 20 years.
Podcast—It’s Good to be a REIT
Jack Kern and Mike Ratliff take a detailed look at residential REITs and what 2013 will look like when it comes to investment, M&As and development activity.
‘Economy Watch’ Podcast with Dees Stribling: The Sequester Has Arrived
The sequester has arrived. And home prices are up.
Economy Watch: Small Uptick for 4Q GDP
The Bureau of Economic Analysis reported that real U.S. GDP was up during the fourth quarter of 2012, as opposed to the contraction reported in the bureau’s preliminary GDP estimate a few weeks ago.
Economy Watch: Housing Market Gets Some Legs
According to the S&P/Case-Shiller Home Price Indices released, all three headline composites ended 2012 with strong gains.
2013 Top Multifamily REITS
Multifamily REITs have maintained a high-growth trajectory over the past nine months and we expect them to continue to do so. These firms have become increasingly competitive and powerful because of their strong management and ability to raise almost limitless capital.