According to Bloomberg (citing data from the Bank of Russia), between September 2017 and September 2018, the Russian central bank, which has the world’s fifth largest international reserves, more than halved the share of dollars in its reserves, replacing it … Continue reading →
The Q1–2019 office vacancy rate for the DC Metro area was 12.9 percent, according to Commercial Observer. By comparison, the nationwide vacancy rate was 9.80 percent for the same quarter. More than 12 million square feet of office space was … Continue reading →
According to the National Low Income Housing Coalition’s “Out of Reach 2019″ report, the Fair Market Rent (FMR) for a two-bedroom apartment in California is $1,804/month. In order to afford this level of rent plus utilities (without paying more than … Continue reading →
The Baumol Effect is the rise in production/labor costs in industries that have experienced little or no gain in productivity over time because they cannot economize on labor so easily in the face of rising wages (i.e. education, the performing … Continue reading →
The average price of glasses purchased in the U.S. is in the hundreds – $238 for frames, $113 for lenses and $201 for an eye exam, according to CNBC (citing data from VSP Vision Care). A possible reason for the … Continue reading →
So far in 2019, 5,994 stores have closed in the U.S., compared to 5,864 store closings in all of 2018, according to The Real It is the result of Foci increase to http://www.midwayfire.com/wp-content/uploads/2014/04/Approved-minutes-1-14-14.doc cialis cheap generic stretch renal capsule or … Continue reading →
Downtown Miami has one of the highest retail vacancy rates in Miami-Dade County, according to Law.com. About 21.5 percent (more than 3 million square feet) was vacant in Q4-2018 and the average direct asking rent was $59.43/sf NNN, according to … Continue reading →
Over half of all credit cards are issued by the “big four” banks: JPMorgan Chase, Citigroup, Wells Fargo, and Bank of America, according to Forbes. Swipe fees – which range between 1.5 percent and three percent in the U.S. – … Continue reading →
The total value of U.S. commercial properties selling for $2.5 million or higher totaled $562.1 billion in 2018 – a 15 percent increase compared to 2017, according to The Real Deal (citing data from Real Capital Analytics). Property prices increased … Continue reading →
Gross domestic product – the monetary value of all the finished goods and services produced – grew at a 2.6 percent annual rate in the final three months of 2018, according to
Continue reading →