Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
Major investor groups increase CRE mortgage debt holdings, reports Mortgage Bankers Association.
Institutions remain underinvested in CRE, despite high confidence, CBC finds.
House Passes LIBOR Legislation: Major Implications for Commercial Real Estate.
Housing market indicators such as starts, permits, and builder confidence are on the rise, CBC reports.
Google hasn’t just shaped how consumers buy products, who won a basketball game or find out how to get a stimulus check. Increasingly, as the pandemic unfolded, locating a new place to live emerged as one of the most prominent uses of the giant online search tool.
Whether you’re looking to invest in new real estate, start a business, or seeking new and exciting job opportunities, the CBC team is here to provide insight that could help lead you in the right direction. Given the challenges of the pandemic, especially with the new Omicron variant dominating the nation, working remotely has become the norm for millions of Americans. In fact, up to 70% of job candidates today prefer a hybrid or remote work setup.
If the past two years since the onset of the COVID-19 pandemic seemed unfathomable, the impact was equally strange for renters. A report by RentCafe shows 2021 was a highly competitive year for renters in many areas as they faced a perfect storm: high demand, low apartment availability and applicants with top-notch credit scores.
Retail sales continued to grow in November, putting the 2021 holiday season on the home stretch for record spending, the National Retail Federation (NRF) reported. The bright projections by the Washington, D.C.-based retail trade organization are remarkable considering the challenges of inflation, supply chain disruptions and COVID-19 facing consumers and the market.
The U.S. travel industry welcomed all vaccinated international visitors back to the United States after 19 months of pandemic-related border restrictions beginning November 8th. This is a long-anticipated milestone that marks the rebuilding of international inbound travel at air, land, and seaports of entry, and across destinations nationwide.
Blue Origin, a spaceflight company controlled by Amazon’s Jeff Bezos’, along with partners Boeing and Sierra Space, plan to build a commercially developed, owned, and operated space station in low Earth orbit. The project is being called Orbital Reef and is envisioned as a mixed-use business park roughly 300 miles above the surface of the Earth. The International Space Station orbits about 250 miles above Earth.