NOT FOR REPRINT
Page Printed from: globest.com/research/?page=56
Sign In To follow
Many eyes on the Sunshine State when it comes to relocating to affordable markets, Redfin reports
Convenience stores are garnering big interest from both institutional and private investors.
In-place rents in the Inland Empire have grown 11.6% over the last 12 months.
Redfin reports that sales fell 30% in Q3, the largest drop since Great Recession
States where rent costs the highest percentage of income are Florida, Louisiana, Hawaii, California, and Nevada.
Colliers reported Q3 vacancy rates rose 30 bps; and 50 bps year-over-year.
NAHB surveys showed 'confidence' declined significantly in Q3.
Zillow research shows that typical renters now need to work six hours more to pay rent than before the pandemic.
But how does demand trail off with what's supposed to be a chronic shortage?
Adjusted for inflation, the metric will dip 3% next year.