April 2020 Commercial Real Estate Trends And Outlook. National Association of Realtors’ (NAR) Quarterly Market Survey gathers information about the commercial transactions of REALTORS® and members of affiliate organizations (CCIM, SIOR, RLI, IREM, and the Counselors of Real Estate) and the opportunities and challenges facing commercial practitioners. The 2020 Q1 survey was sent to approximately …
Where Will The Rental Market End Up? Cooling Demand In A Hot Building Market. While it is too early to know how COVID-19 will affect rental markets, early signs suggest another slowdown in demand is coming. Already, leasing activity is down at a time when new apartment completions are nearing a 30-year high. Cooling demand …
Where Construction Firms Are Finding Value. Across the globe, while construction projects continue to grow in both scope and complexity, labor productivity is flatlining. According to McKinsey Global Institute, builders’ productivity growth worldwide has averaged only 1% growth per year over the past two decades, compared to 3.6% growth in the manufacturing sector. In the …
Loans In Forbearance As A Percent Share Of Servicing Portfolio Volume. As of April 1, 2020. New survey findings released by Mortgage Bankers Association (MBA) this week highlight the unprecedented, widespread mortgage forbearance already requested by borrowers affected by the spread of the coronavirus (COVID-19). According to MBA’s Forbearance and Call Volume Survey, the total …
Year Over Year Change In Unemployment Rate And Cap Rate Spreads. For commercial real estate (CRE) markets, a key factor in how we work through this period of uncertainty will be how investors value properties and their incomes. Our experiences in the past two recessions may provide some insights. The chart above looks at unemployment …
March 2020 Real Estate Activity in Sarasota Manatee. Snapshot Of Single Family Home, Condominium and Town Home Sales, Active, Pending, Expired and Off Market Listings. Real Estate statistics for the month of March pulled from Stellar MLS. Download the report below. Formatting of data and production of report courtesy of Ed Bertha, Broker/Principal, at Red …
March 2020 Sarasota Manatee Real Estate Sales Snapshot Read More »