There were 71,000 fewer job openings in the construction industry, a 17.5% drop from May, as rising debt costs and an economic slowdown increasingly crimp demand. “Demand for workers is clearly...
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THE GOLDEN STATE IS HOME TO SOME OF THE MOST EXPENSIVE APARTMENT RENT IN THE COUNTRY WITH SOCAL LEADING THE WAY SOUTHERN CALIFORNIA — For those renting an apartment in California, specifically ...
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5 COMMON AUCTION MYTHS: 1. AUCTIONS ARE FOR DISTRESSED SELLERS Unfortunately, the word auction has been tainted by other words such as, liquidation, & foreclosure, but as mentioned earlier, auct...
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The rising cost of debt topped LaSalle Mid-Year Update’s list of biggest impacts on commercial real estate for the second half of 2022. “High-leverage buyers no longer dominate bidding an...
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When the pandemic struck and tourism dried up, Gerardo Vidal, a New York City tour guide, lost nearly all of his income, he said. Vidal, who lives in a one-bedroom apartment with his wife and two chi...
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Repricing is happening across every property sector, and no asset class appears immune. But the non-core lodging sector faces perhaps the highest potential risk, as the asset class is closely tied to ...
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Slowing construction will likely keep multifamily supply and demand in balance for some time despite fears of a recession, according to some analysts. “Even if multifamily demand cools, limited...
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Another month, another 75-basis point increase in the Federal Reserve’s benchmark interest rate. And as the overnight inter-bank lending goes—with a target range of 2.25% to 2.5%—so ...
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Managers of multifamily rental properties are increasingly reporting suspicious activity in applications for units, with 85% of managers polled in a recent Snappt survey saying they think consumers ar...
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Some dine-out foot traffic trends have been trampled since the pandemic as consumers have shifted to eating at home, brought on additionally by inflation. But even grocery stores are not proving to be...
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