June 2020 Foot Traffic Report
Home showings in June 2020 showed a strong rebound from the level in May.
Home showings in June 2020 showed a strong rebound from the level in May.
The commercial real estate sector continues to struggle as a result of the coronavirus pandemic. The hotel and retail property markets are the heaviest hit, while multi-family and industrial are performing relatively well, with the office sector in the middle of the pack.
Residents bring three types of animals to apartment communities, and each has a different connotation for onsite teams. The most common, naturally, are household pets. These are the easiest for onsite teams to screen, as the community typically has an easy-to-understand policy regarding the parameters for pets—even if it varies from community to community. The…
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DUBLIN, IRELAND – Global real estate investment company Kennedy Wilson (NYSE: KW) and its partner announced the completion of the third phase of Clancy Quay, adding 246 new units to the largest multifamily community in Ireland that now totals 845 units and will serve as home for more than 1,800 residents. Clancy Quay builds on…
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These slides were presented by Dr. Jessica Lautz at the Communication Directors Institute on Tuesday, July 7, 2020.
People Receiving Benefits Eased to 18 Million In the week ending July 4, new unemployment claims decreased to 1.3 million, a decrease of 99,000 from the previous week’s revised level. By: Nadia Evangelou
Existing home sales in May reached 3.9 million. While this is the lowest point in nearly a decade, it was expected due to the economic lock down. However, the housing sector is expected to undergo a V-shape recovery, meaning a sharp downturn followed by a sharp rebound.
With most states lifting the restrictions of business and public spaces, hundreds of millions of people started moving around again. Mobility typically brings economic development and, subsequently, a faster recovery in the local economy from the recent shutdown orders.
As 2019 came to a close, the world felt tired, overworked, and even “peopled out”. The overall sentiment in those early days of 2020 boiled down to a two-word phrase: burn out. Gallup’s research results showed that around 45% of Millennials experienced “sometimes” burnout. 45% is a massive number. 2020 was expected to be more of the…
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The coronavirus has affected markets across the nation, but members are in the process of regaining their footing. This report provides a snapshot of the recovery process for both residential and commercial markets.