Commercial real estate leasing patterns are showing steady but modest growth, according to the National Association of Realtors® quarterly commercial real estate forecast. Lawrence Yun, NAR chief economist, projects only modest changes in the coming year. “Jobs are the key driver for commercial real estate, and the accumulation of 7 million net new jobs from […]
Modest Growth Seen in Commercial Real Estate Markets Read More »
WASHINGTON (November 25, 2013) – Although conditions were mixed across the country, pending home sales continued to move lower in October, marking the fifth consecutive monthly decline, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, slipped 0.6 percent to 102.1 in October from an
October Pending Home Sales Down Again, but Expected to Level Out Read More »
Lawrence Yun, Chief Economist with the National Association of Realtor warns what to expect if the federal government fails to increase its borrowing authority prior to when the U.S. Treasury says it will run out of money to pay its bills. The government could decide to pay the interest on its debt, which is about
NAR Chief Economist Predicts 450,000 Lost Sales per 1% Rate Hike Read More »