NV lic S.0166977
A new report from CBRE reveals that ongoing power shortages are creating opportunities for development in emerging global data center markets and driving up rents in established markets worldwide. Companies aiming to secure data center capacity are increasingly investing in emerging markets like Northern Indiana, Boise (Idaho), Mumbai (India), Rio de Janeiro (Brazil), and Oslo…
Based on Freddie Mac’s latest Primary Mortgage Market Survey, the U.S. 30-year fixed-rate mortgage averaged 6.86 percent as of June 27, 2024. Sam Khater “The 30-year fixed-rate mortgage continues to trend down, hitting the lowest level in almost three months,” said Sam Khater, Freddie Mac’s Chief Economist. “By historical standards, the economy is in good…
According to the National Association of Realtors, U.S. Pending home sales in May slipped 2.1 percent. The Midwest and South posted monthly losses in transactions while the Northeast and West recorded gains. Year-over-year, all U.S. regions registered reductions. The Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based on contract signings…
Seattle, Orlando and Anchorage top travel destinations in 2024 Based on recently released AAA projections, 70.9 million travelers will journey 50 miles or more from home over the Independence Day holiday period in 2024. This year’s projected number of travelers represents a 5% increase compared to 2023 and an 8% increase over 2019. “With summer…
According to CBRE, the hotel market in the Asia Pacific region is undergoing significant structural changes. Hotel owners and operators are adjusting their operational and branding strategies in response to increased labor and utility costs, limited new supply, and the extended peak of the interest rate cycle. Major global hotel operators are expanding rapidly in…
Recent data from the Miami Association of Realtors indicates a slight decrease of 1.8% in total residential sales in Palm Beach County for February 2024, dropping from 1,794 to 1,762 units. Notably, sales of single-family homes in Palm Beach saw a year-over-year increase of 5.2% in February 2024, rising from 975 to 1,026 units. Luxury…
Based on a new report by global property consultant JLL, as demand for high-quality and differentiated office assets intensified during the pandemic, highly amenitized office buildings are expanding their outperformance against the broader market, particularly those that offer enhanced gathering spaces and prioritize wellness. JLL says highly amenitized buildings–assets with 10 or more tagged amenities…
U.S. Housing Affordability Remains at Historic Lows According to national property broker Redfin, the typical U.S. household earns $29,448 less than it needs to afford the median-priced home in 2024. While that’s a sign of a major housing affordability crisis, it marks an improvement from October, when the typical household earned a record $40,810 less…
According to the National Association of Realtors, pending U.S. home sales in February 2024 grew 1.6% month-over-month from January 2024. The Midwest and South posted monthly gains in transactions while the Northeast and West recorded losses. All four U.S. regions registered year-over-year decreases. The Pending Home Sales Index (PHSI) – a forward-looking indicator of home…
Driven by dynamic growth, Muniak has expanded its office space to approximately 500 square meters and unveiled a new design that reflects the quality of its services and extensive experience in the fit-out industry. About Muniak: Providing services in the commercial real estate market for over 30 years. A leading general contractor in Poland, Sweden…