Economy- Page 3 of 21

Economy

December 6, 2023

US Home Prices Continue Upward Trajectory in September

"Prospective home buyers experienced another difficult month due to the persistent lack of housing inventory and the highest mortgage rates in a generation," Lawrence Yun, chief economist at the National Association of Realtors, said in a Nov. 21 news release.

November 30, 2023

The Real Villains of Today’s Housing Market

The tale of the housing market over the past few years, in which big Wall Street firms and greedy Airbnb investors elbowed out first-time buyers and drove up home prices, is appealing. It's nice and tidy, with a clear delineation between good guys and bad guys. But it also misses the mark.

November 30, 2023

Office Landlords Increasing Pace Of Handing Properties Back To Lenders

Office landlords are looking at the shifting landscape and deciding to cut their losses, Hatch said. “Now, borrowers are looking forward and just realizing that even if they can get a modification on their loan, it's just not a feasible asset class for them to really even stay in,” she told CoStar.

September 23, 2023

Apartment building construction on track to hit record high

New apartment construction is on track to top a 50-year high, with nearly 461,000 units expected to be built across the U.S. this year, according to a new report...

September 19, 2023

Self Storage Isn’t Just For Hoarders: A Primer For Investors

Only one asset class has an average occupancy of 92% and outperformed other asset classes in 2021, self-storage.

September 13, 2023

KBRA Releases Research – Second-Quarter 2023 Business Development Company (BDC) Ratings Compendium

KBRA releases its Business Development Company Ratings Compendium, which looks at results for the quarter ended June 30, 2023, and offers a review of perpetual continuously offered non-traded BDCs as well as recent industry developments....

September 5, 2023

How Wall Street’s REIT giants are reshaping U.S. real estate

U.S real estate investment trusts today manage $4.5 trillion in real estate worldwide. Many groups on Wall Street offer these tax-friendly funds to retail investors. KKR’s real estate business is one of the big players in the REIT game. The private equity firm manages multiple REIT funds. The KKR Real Estate Select Trust, which currently manages…

August 9, 2023

Explainer: Moody’s latest views on the US government: The last triple-A standing

Moody's remains the last of the three major credit rating agencies to maintain a top rating for the United States, after Fitch cut the sovereign rating earlier this week and Standard & Poor's lowered it in 2011...

August 9, 2023

U.S. Industrial Leasing Down A ‘Staggering’ 47% From Last Year: JLL

The industrial sector is still delivering a wave of development across the country that started during the pandemic-era boom, but new data shows demand is not keeping up with the pace of new supply....