Dees Stribling
Economy Watch: The Scoop on Metro Area Employment
Just before Independence Day, the Bureau of Labor Statistics gave more detail about the U.S. employment picture.
Economy Watch: What do Housing, Consumers & Investors Have in Common This Week?
Good news about housing, consumers and investors this week.
Economy Watch: Greek Crisis, U.S. Benefit?
What will the Greek crisis mean for the U.S. economy and commercial real estate?
Economy Watch: Reason for Optimism About the Economy?
There’s a fair amount of evidence now that the U.S. economy’s going to see a second-quarter rebound.
Economy Watch: Existing Home Sales on the Mend
Existing home sales ticked up in May, according to the National Association of Realtors.
Economy Watch: Debt-Service, Mortgage Spending Down
By Dees Stribling, Contributing Editor Some optimistic news about consumers: they’ve continued to deleverage from high amounts of both mortgage loans and consumer loans. That’s according to the Federal Reserve on Friday, which reported that currently on average, consumer debt service payments — mortgage and otherwise — is now less than 10 percent of disposable income. As of the first quarter of 2015, in fact, the average stood at 9.92 percent, almost the same as in the last quarter of 2014, when it was 9.91 percent. Mortgage payments in the first quarter this year ate up an average of 4.62 percent…
NAI SPECIAL REPORT: Linneman, Zell Sound Off
Two real estate heavyweights agreed to disagree during a conference at NAI Global Market Outlook in Chicago.
Economy Watch: Homebuilders Optimistic, Investors Nervous
More mixed messages from the economy.
Economy Watch: Bill Proposed to Make Port Labor Action More Difficult
A new bill would allow state governors to examine the economic harm of port disruptions.