Commercial Real Estate Cycles — Q2 2018

This is the Must Have quarterly report for those in commercial real estate   For me this is the most timely read quarterly information regarding Commercial Real Estate — Dr. Glenn Mueller’s Real Estate Cycles Q2 2018 report from Black Creek Group – Black Creek Research.  The report contains valuable data spanning major commercial real …Read more

How Much House $1 Buys — 1998-2008-2018

While much of the U.S. bricks and sticks retail industry is struggling, given the structural shift in shopping, not included in that disarray are stores where everything is $1.  I am also old enough to remember when my weekly allowance was $1.   A single dollar in those days, however, bought a lot more than today …Read more

Top US Destinations Where Young Adults are Moving

The U.S. population is always in flux from people moving to new destinations.  According to a study of U.S. Census Bureau data, each year: 2 percent of people in the U.S. move to a different county 3 percent relocate to a different state Those in college and career bound move more often Millennials move almost …Read more

Lowest Paying Jobs Requiring a Degree — 2018

For most people, what they majored in at college impacts their earning capacity — lifelong.  No doubt college graduates typically (but not always) make more than non-degreed individuals.  The median annual wage among jobs that require a college degree earn $65,000 compared to $37,690 across all jobs.  As usual I invoke the TINSTAANREM axiom — …Read more

Existing Home Sales Dip 1.5 Percent on a Seasonally Adjusted Annualized Rate Year-Over-Year, Median Price Up 4.5 Percent — July 2018

Existing home sales dipped 1.5  percent in July 2018 versus a year ago to 5.34 million on a seasonally adjusted annualized basis (SAAR) according to National Association of Realtors® (NAR).  Sales shrunk 0.7 percent sequentially from June (SAAR).  On an unadjusted basis, housing sales in the first seven months of 2018 totaled 3.153 million, down …Read more