Drug Store CAP Rates Move Higher on Concerns of Walgreens-Rite Aid Merger
A possible merger between drugstore giants Walgreens and Rite Aid is driving drug store cap rates higher, according to Realty Biz News. Cap rates for […]
Month: November 2016
Rates Reach Highest Levels Since June. Average 30-Year Fixed Loan at 3.54%
Mortgage rates rose to their highest levels since June on the back of inflation-fears, according Realtor.com. Freddie Mac reported average mortgage rates for the week […]
Home Equity Wealth Doubles Over the Past 5-Years
Home equity wealth has doubled over the past 5-years because of the housing recovery a CoreLogic economist told CNBC. The recovery helped the average homeowner […]
Santa Monica, CA Becomes First City to Require Zero-Net Energy in New Homes
Santa Monica, CA became the first city in the world to require all new single-family home construction to generate Zero-Net Energy (ZNE), reported Realtor.com. ZNE […]
55% of Seattle’s Real Estate Transactions Involve Foreign Investors
Foreign real estate investors, especially from China, are increasingly focusing on Seattle, according to an article in CNN. Chinese investors are targeting Seattle, after other […]
Home Prices Up 6.3% From Last Year. Another 5.2% Rise by Sept. 2017
U.S. home prices rose by 6.3% from September 2015, according to CoreLogic’s Home Price Index for September 2016. Another 5.2% rise is expected by September […]
Tech Sector Accounts for 20% of U.S. Office Leasing in 2016 – CBRE
Global real estate firm CBRE, revealed that the tech sector accounts for 20% of all office leasing in the U.S. in 2016, up from 18% last […]
Jones Lang LaSalle Q3 Sales Rise but Earnings Fall
Global real estate service provider, Jones Lang LaSalle (JLL), reported Q3 2016 earnings today, which showed revenues of $1.71 billion, 13.6% higher than Q3 2015, according […]
Chinese Investor Appetite Still Strong for U.S. Real Estate
Flush with large savings, Chinese investors are looking for attractive assets to preserve the value of their money. Their top choice? U.S. and Canadian real […]
Tennessee Emerges as a Hot Market for Commercial Real Estate
Commercial real estate in Tennessee’s two major cities, Nashville and Memphis, is witnessing strong demand from tenants and solid interest from investors, according to an […]