Category Archives: Commercial

Another Top-10 List — Most Expensive Apartment Markets

Stewart’s headquarters is located in the Galleria area of Houston. This past year from my office window I watched an upscale residential mid-rise structure go up. To my surprise, it is an apartment development rather than condominiums. The asking rent for a one bedroom apartment ranges from $2,124 to $2,824 per month for 847 to …Read more

November 2014 Job Growth – 7th Best Month in 10 Years

Job growth continues to accelerate into the fall and winter as November 2014 saw 321,000 net new jobs (preliminary) added on a seasonally-adjusted annualized rate. That was the seventh best month of job growth in the past 10-years. The last time there was a greater number of new jobs created in a month was March …Read more

Commercial Real Estate Cycles for Q3 2014 from Dividend Capital

One of the top status reports I read quarterly is the  Cycle Monitor – Real Estate Market Cycles  from Dividend Capital, prepared by Dr. Glenn Mueller from the University of Denver. This nine page report gives a synopsis of commercial real estate conditions for five commercial property types across more than 50 Metropolitan Statistical Areas …Read more

Another Top-10 List — Cities With the Greatest Delivery of New Multifamily Units in 2015

Rental housing remains hot, from single family to apartments, driven by still stringent lending, increasing job numbers and failure thus far to ignite in the formation of new households. Apartments, however, make up the largest segment amongst new construction deliveries built to rent in 2015. MPF Research examined and analyzed expected new deliveries of multifamily …Read more

Insights Into Renters — 2014

As the homeownership rate has eroded from almost 70 percent a few years ago into the 64 percent range today, the number of renters has surged. That has placed substantial demand on the existing stock of rental housing, conversion of tens-of-thousands of formerly owner-occupied properties to renter status, and stimulated an explosion in new rental …Read more

Another Top-10 List — Metros With the Greatest Percentage Increase in Seniors 55 and Up in the Next Five Years

As the U.S. ages, demands for many items from medicines to housing change. While some intend to age in place, others look to relocating to locales that are perceived more desirable due to factors such as weather, recreation, access to medical, culture or a myriad of other variables. Realtor.com analyzed Nielsen Demographics data to forecast …Read more