Only 2.4% unemployment in May for Palm Beach County

  • Posted by admin
  • On June 27, 2022
The job market is at an all-time high heading into the summer for Palm Beach County. In fact, Career Source Palm Beach County and the Florida Department of Economic Opportunity reported last Friday that the unemployment rate for the month of May was only 2.4%. This is good news for those looking for work.
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Mortgage applications down 50% from last year

  • Posted by admin
  • On June 23, 2022
The volume of applications for mortgages fell 52.7% last week compared to the same week a year ago, according to the Mortgage Banker Association. This is because rapidly rising interest rates have put a sudden halt to refinancing and, combined with high real estate prices, are causing the [...]
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The Fed raises interest rates by 0.75%, the first time since 1994

  • Posted by admin
  • On June 16, 2022
The Federal Reserve decided, at its June 15, 2022 meeting, to raise its key interest rates by 0.75%, the largest increase since 1994 and a jump from the previous 0.50% increase. The financial markets, having already anticipated this news, all closed in the green yesterday. The rate hike had already been anticipated by the [...]
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Miami hotel night prices up 56% since 2019

  • Posted by admin
  • On June 13, 2022
Miami has seen the price of its hotel rooms skyrocket over the past three years by more than any other tourist destination in the country. The average price of a hotel room was recorded at $369.51 per night for the first five months of 2022 by Bloomberg. [...]
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Multifamily rents post largest increase of 2022 in May

  • Posted by admin
  • On June 6, 2022
Multifamily apartment rents are rising at a slower rate than in 2021, but still at a faster pace than in the pre-pandemic years, according to Apartment List's latest National Rent Report. The increase is 15.3% year-over-year, still an impressive figure, but down slightly from 17.8% [...]
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May's job market exceeds forecasts by 19%.

  • Posted by admin
  • On June 6, 2022
Job growth reduces inflation concerns. Employment rose by 390,000 in May, consistent with April, while the unemployment rate held at a record low 3.6% for the third consecutive month. Against a backdrop of high inflation and rising interest rates, the market [...]
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European investors back in the US market in force

  • Posted by admin
  • On June 6, 2022
European investors are returning to the U.S. market after a period of inactivity caused by the health crisis, according to Jeremy Katz, head of CP Capital. Investments from Europe, which were abruptly halted in 2020 following travel restrictions put in place during the pandemic, are officially back, with [...]
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L’économie mondiale reste solide, mais est mise à rude épreuve

  • Posted by admin
  • On June 3, 2022
Dans une nouvelle analyse, la société CBRE note que plusieurs paramètres soulèvent la possibilité d’un ralentissement économique mondial – la guerre en Ukraine, les confinements à répétition en Chine, la confiance des ménages en berne et le marché de la dette immobilière qui se tend – mais que le paysage reste globalement positif. “Malgré quelques […]
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INFOGRAPHIE : ACQUISITION DE L’IMMEUBLE OASIS APARTMENTS – MAI 2022

  • Posted by Marie Le Berre
  • On June 3, 2022
Ce bien, acheté et négocié off-market avec beaucoup de réactivité, offre à la foncière FI Capital 22 une rare opportunité de repositionner un immeuble à forte valeur ajoutée dans l’un des seuls quartiers encore abordables (concentrant une partie importante de la demande locative) de la ville de Miami Beach.
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Des fondamentaux toujours aussi solides pour le multifamily, malgré l’inflation

  • Posted by admin
  • On June 3, 2022
Les loyers des appartements au sein d’immeubles multifamily ont dépassé leurs niveaux pré-pandémiques dans de nombreuses villes américaines, tirant les volumes de ventes au plus haut. Selon de nombreux experts, ces volumes devraient rester élevés malgré les préoccupations des investisseurs au sujet des dernières données sur la formation de nouveaux foyers et l’inflation. Selon le […]
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