Hard Landing Scenario Becomes More Real Amid Lower Productivity Numbers
Lower productivity can translate into higher product costs and, therefore, more inflation.

Retailers Brace for Consumer Spending to Slow
A deceleration of job gains and tight lending standards are among the reasons.

Property’s Waiting Game Is Getting Harder
As hopes of interest-rate cuts fade, some commercial real-estate borrowers want to cut loose.

Capital-Gains Tax Hits More Home Sellers
The $500,000 exemption for home sales hasn’t changed since 1997.

Slower Hiring Boosts Hopes of a Late-Summer Rate Cut
Employers added 175,000 jobs and the unemployment rate ticked up to 3.9% in April.

Flat Rent Growth In Orange County Underscores Modest Apartment Demand
Absorption in the Southern California Region Has Slowed.

Renters See Chance Of Owning A Home At Record Low, Survey Shows
For the first time, half of younger renters — those under age 50 — don’t think they will be able to buy a home.

Orange County Named The Hardest Place To Find An Apartment In California
A study from Rent Cafe showed that 96% of complexes are already full. On top of that, vacancies are being filled in just a matter of days.

After 2 Years, Apartment Occupancy is Finally Back Up
Improved apartment occupancy suggests a U.S. multifamily rebound thanks to slow rent growth.

These States Saw a Spike in Commercial Foreclosures
California saw a 405% year-over-year increase and Connecticut experienced a 500% surge.

Citi Chief Economist Says Brace for a Hard Economic Landing
If true, ironically it would likely mean more rate cuts and cheaper financing.

Interest Rate Cap Costs Are Surging Again
That’s going to make waiting for any eventual interest cuts harder.

Multifamily Occupancy Levels Stabilize at 94%
It was the first time since February 2022 that the national average for apartment occupancy ticked up month-over-month.

Commercial Real Estate Foreclosures Surge 117% Amid Growing Distress
Escalating CRE foreclosures—up 117% year over year—point to mounting commercial property market challenges.

More Hints That the Fed Might Not Cut Rates At All This Year
There’s been questions for a while by some at the Fed whether cutting rates would be wise.

Apartment Rent Growth Expected to Accelerate in 2024’s Second Half
Absorption has remained surprisingly resilient despite the record deliveries over the last few quarters.

KBRA: Nearly a Third of Office CMBS is Distressed
The volume of distressed office in conduit and single-asset, single-borrower CMBS increased to a combined $52.2 billion in March, nearly double the $26.6 billion volume a year ago.

US Weekly Jobless Claims Highest In More Than Eight Months As Labor Market Eases
More evidence that the labor market was steadily cooling.

Will Waning Consumer Confidence Rain On The Retail Parade?
It's realistic to assume we may go through a reasonable slowdown here coming up.

Finally the Fed Says Something Positive About CRE
"I view CRE risks currently as sizable but manageable."