Economic Trends

U.S. Multifamily Permitting Accelerates in March, Up by 47% from a Year Ago

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by Ronald G. Johnsey, President and KC Sanjay, Senior Real Estate Economist, Axiometrics, Inc. On Wednesday, April 25th, the U.S. Census Bureau posted its March residential permitting numbers. At the national level, annual multifamily (MF) permitting is up by 47.3% from the comparable period a year ago. While this is largely a statistical increase from the market bottom, [...]

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How Low Will Home Prices Go?

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Chandan Economics president Sam Chandan gives his outlook for the housing market.

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Housing is Improving, but Try Getting a Mortgage

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Dr. Sam Chandan is President and Chief Economist of Chandan Economics and an adjunct professor at the Wharton School of the University of Pennsylvania. A noted economist and active commentator on issues of national and global economic significance, Dr Chandan is amongst the commercial real estate industry’s leading voices in relation to capital and credit [...]

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Buying into Rental? Tracking the Multifamily Real Estate Market with Ron Johnsey

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Buying into Rental?: Tracking the Multifamily Real Estate Market September 2011 Brian Bailey: Welcome to the Federal Reserve Bank of Atlanta’s Perspectives on Real Estate podcast series. I’m Brian Bailey with the Federal Reserve Bank of Atlanta. Today, we’re talking with Ron Johnsey, president of Axiometrics. Ron has over 25 years of experience in the development, financing, marketing, [...]

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U.S. MultiFamily Market Update, CRE Radio, Ron Johnsey

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U.S. MultiFamily Market Update Original Air Date: 2/02/012 The show provides an enlightening update on the U.S. multi-family industry. The panel of multifamily experts share a comprehensive update on the multifamily market. Discussions include cap rates for various property classes around the country, the current and future investment market for core and distressed properties and [...]

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What’s Keeping Buyers Out of the Housing Market?

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Chandan Economics Chief Economist Sam Chandan weighs in on the housing market problems.

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Retail Sales Miss Target, Auguring Weak Net Absorption and Further Store Closures

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Retail data for December came in weaker than projected, suggesting that holiday shoppers took advantage of post-Thanksgiving sales in late November and avoided spending sprees in the weeks leading up to Christmas. Excluding autos, sales were down 0.2 percent from November to December. Year-over-year, non-auto sales were up 6.0 percent in December, slipping from 6.8 [...]

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The Employment Situation, December 2011

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Nonfarm payroll employment rose by 200,000 in December, and the unemployment rate, at 8.5 percent, continued to trend down, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in transportation and warehousing, retail trade, manufacturing, health care, and mining. Household Survey Data Both the number of unemployed persons (13.1 million) and the unemployment [...]

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Uptick in Housing Starts Reflects Rise in Apartment Construction

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Uptick in Housing Starts Reflects Rise in Apartment Construction by Mark Gormley, Market Analyst Chandan Economics Residential construction data for November show that starts are up more than 20 percent from a year ago. That news has been welcomed by housing market observers looking for indications of a turnaround in the sector. Hidden in the [...]

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NAR Overstated 3M Homes Sales

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A quick look at the housing credit situation as it relates to the current increase in apartment renting.

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