In June, the headline inflation reading came in at 5.4%—the highest level since 2008. Fed Chairman Jerome Powell says that inflation is well above their 2% target. But he thinks this is a tempo...
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Multifamily asking rents increased by a whopping 6.3% on a year-over-year basis in June. This is the largest YoY national increase in the history of our data set. Rents grew an astonishing $23 in J...
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The presidential executive order of July 9, 2021 to promote “competition in the American economy” was intended more to prevent anti-competitive activity by corporations. “What we&rs...
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Forty-four of the 50 largest metros broke new records. The US median rent price rose 8.1% year-over-year and 3.2% month-over-month to a new high of $1,575 in June, according to the Realtor.com Monthl...
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Gov. Gavin Newsom recently signed SB 129, legislation that reflects the majority of the 2021-22 state budget agreement. This budget includes the biggest economic recovery package in California’s...
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The less available 1031s are, the less demand there will be for any number of interrelated real estate investments, argues Reid Thomas of JTC Americas. Investors—and the real estate industry at...
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Gov. Gavin Newsom launched a $1.1 billion initiative in partnership with local governments to revitalize California’s streets and public spaces through litter abatement and local beautification ...
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CRE transaction volume has picked up notably over the past few months, but the market is still nowhere near normal, according to a panel of experts Trepp recently convened to talk about valuation tren...
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The multifamily sector saw the smallest year-over-year decline of any property category, according to MBA’s latest survey. Commercial and multifamily mortgage loan originations decreased 14 per...
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The Bureau of Labor Statistics (BLS) reported that there were 850,000 jobs created in June, which was stronger than expectations of 700,000 new jobs. In addition, there were slight positive revisions ...
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