Archive for July, 2016

Homeownership Rate in the U.S. Drops to Lowest Since 1965

The U.S. homeownership rate fell to the lowest in more than 50 years as rising prices put buying out of reach for many renters. Read full story Read more

Fed holds rates steady but notes brighter outlook

The Federal Reserve held interest rates steady Wednesday, as expected, but it offered an optimistic outlook on the economy and a diminished risk profile. Improvements in the labor market and the economy likely merit "gradual increases in the federal funds rate," the Fed said. Read full story Read more

Apartment rent growth matches wage gains in June

Zillow reports that US median apartment rent rose a seasonally adjusted 2.6% in June, year over year. This growth rate, lower than in recent months, matches gains in average hourly wages. Read full story Read more

Brexit: Minor Headache or Migraine?

U.S. commercial real estate will feel the effects as investors seek out the relative stability of both the U.S. and private commercial real estate. Read full story Read more

1031 Buyers Compete for Replacement Properties

Heightened competition for replacement properties is spurring 1031 exchange investors to expand their criteria to include a broader geographic scope and more property types. Read full story Read more