NOT FOR REPRINT
Page Printed from: globest.com/author/profile/richard-berger?page=26
Sign In To follow
When occupancy and rent growth surged, developers kicked up building efforts to a degree that these small markets had yet to witness.
It's a more beneficial financing mechanism for businesses than borrowing against their balance sheet.
In-place rents continue to trend upwards, however.
The sentiment index has fallen four consecutive months, but improving economic data lately bodes well.
The average U.S. asking rent for October dropped to $1,718 in October.
Candidates are all over the map including several Sunbelt markets.
It's not because of the CRE delinquency rate, which was just 0.84% in Q2.
NAR report shows a 22% increase to $107,000.
Spending at restaurants and bars rose 8.5 percent over the past year, the largest gain among retail categories.
Meanwhile, investors are pulling out of markets that were once very active.