Category Archives: Jones on Real Estate

Retail Sales by Kind of Business – September 2020

Retail sales (including food services) dominate the U.S. economy typically making up 70 percent of Gross Domestic Product (GDP).  GDP is essentially the value of all goods and services produced. Retail sales plunged 20.7 percent from February 2020 (baseline prior to the Coronavirus impact) to April 2020, but has since recovered to an all-time record …Read more

25 Best Small-to-Midsized Cities to Live 2020

Imagine a Best Places to Live Survey that was based on the largest economic cohort of the population using the metrics and parameters that matter the most to the people deciding where they will reside?   Livability.com’s 2020 Best Places to Live is exactly that and reflects the impact of the pandemic and changes to people’s …Read more

Election-Year Home Sales Myths 2020

It’s an election year, so things are always different – correct?  Housing sales will be down no matter what?  Right?  The high-end market always slows – right?  Both are myths – but are they true? MythBusters was one of my favorite TV shows years ago, but analyzing these housing sales myths is not going to …Read more

Smoking-Hot New Home Sales – August 2020

Have been wanting to use the words Smoking Hot regarding real estate since the last downturn in 2008, and finally have a reason: August 2020 new home sales!   New home sales came in at a blistering 1.011 million units in August on seasonally adjusted annualized rate (SAAR), up a massive 43.2 percent from the prior …Read more

Q2 2020 Commercial Real Estate Cycles – Dr Glenn Mueller

Jobs are everything to an economy.  Period.   They create effective demand for real estate – residential and commercial — enabling not just the need and want but also the ability to pay.    The U.S. just posted the largest drop in jobs in history in April 2020, shedding 22.16 million workers –which in turn triggered a …Read more