What I'm Reading Tis the Season: Apartment rents fell in more than half of the nation’s major markets this month, suggesting a widespread cooldown in a market that’s been buoyed by pandemic-driven shifts in consumer preferences. Apartment List To put this move in context a bit, rents typically follow a seasonal...
June 11th – Sweet Spot
One Big Thing Topping Out: Economic data is beginning to show signs that the recent surge in US inflation is peaking, despite higher than expected CPI readings that were heavily influenced by massive inflation in used cars. Capital Spectator The second half of this year could be really interesting if...
February 22nd – Deep Thoughts
January 12th – Fallout
What I’m Reading Fallout: CoStar is estimating that the reckoning from COVID will eventually result in $126 billion of distressed real estate sales with a heavy concentration in lodging and retail. However, with an estimated $200 billion of capital raised to capitalize on such an opportunity, it is difficult to see...