

A physical market cycle analysis of four property types across 54 metropolitan statistical areas (MSAs) for 3Q2020. The V-shaped recovery happened (-32% GDP in Q2 then +33% GDP in Q3) but only for a portion of the economy. Any business dependent upon consumer contact...
US real estate market cycles, 3Q2020

US existing-home sales hit a 15-year high
Sales of existing homes rose 4.3% in October to a 6.85 million seasonally adjusted annual rate. Sales are now up 26.6% from a year ago and are at their highest level since November 2005 (see top of first chart). Sales were up in all four regions in October: sales were...
US existing-home sales hit a 15-year high

Grandma’s groceries
Consumers won’t turn back from e-commerce now – so what do institutional investors need to know about the logistics property market? The influence of e-commerce on the daily life of many Americans became clear to me when my 92-year-old mother was able to identify what...
Grandma’s groceries

Making money in the world’s top social media shares
The brutal correction in NASDAQ last week did not spare such former tech sector darlings as cloud software, semiconductors and social media shares. The big daddy of social media is Facebook (symbol FB) and its shares were slammed by $19 on NASDAQ to $262 or $42 below...
Making money in the world’s top social media shares

What did ya miss in REITland?
The broad-based REIT indexes were relatively flat last week, which was in tandem with the broader based indices.But the biggest talking point has been the two recent activist campaigns launched on Ashford Hospitality Trust (AHT) by Cygnus Capital Inc. as well as...
What did ya miss in REITland?