Like many other sectors, the pandemic hit the real estate industry hard. Commercial real estate, especially offices, and retail spaces, bore the brunt of it. On the residential side, demand shifted as homebuyers moved away from pandemic-stricken cities towards the suburbs. In response to these moves, existing home sales in the US skyrocketed by a…
About 98% of Arizona voters will see their elections run by someone new to the job since 2020, the research shows. About 98% of Arizona voters will see their elections run by someone new to the job since 2020, the research shows. See the full article on Arizona’s economic indicators, or, read more Arizona real…
Tourism runs the economy in the old mining town of Silverton, Colorado. From skiers in the winter to hikers and four-wheelers and mountain enthusiasts of all stripes in the summer – without tourism, the town of around 600 people has very little industry.And there is one resource the town is absolutely dependent on – the…
By: He pointed to the Fed’s latest Summary of Economic Projections, where Personal Consumption Expenditures inflation — the Fed’s preferred inflation … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
In the wake of the COVID-19 pandemic — which prompted the rise of online meeting platforms as well as remote and hybrid work arrangements — motivating people to do things in-person versus online has become an increasingly tough sell. This holds for commercial real estate as well. JLL reports that virtual tours, which were a…
By: Dive Brief: The U.S. economy will likely dip into a mild recession in early 2024 as consumer spending flags and the full force of the most rapid increase in borrowing costs in four decades chokes off growth, Fannie Mae said. “A modest contraction remains the most likely outcome as consumption continues to outpace incomes…
Total deposits at Arizona banks fell nearly $19 billion in the past year as the industry continues to face inflation, economic uncertainty and rising interest rates. Some 63 banks operating in Arizona … Total deposits at Arizona banks fell nearly $19 billion in the past year as the industry continues to face inflation, economic uncertainty and…
… Arizona official testified Sept. 20. Brian Bennon … infrastructure projects across the country, including billions directed to tribal projects. See the full article on Arizona residential development, or, read more Arizona real estate investing news. Feel free to share our site with your investor friends.
By: Jamie Dimon sees a scenario where interest rates rise much higher than where they are now … Arizona, Arkansas, California, Colorado, Connecticut … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: … Personal Consumption Expenditures (PCE), which is due out on Friday. “As long as rates keep pushing higher that’s going to keep the market nervous … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!