Category Archives: News

Jobless claims drop to lowest point in 2.5 years!

New US claims for unemployment dropped to their lowest point since July 2008. Initial claims for state unemployment benefits fell 36,000 to 383,000. This is yet another sign that the economy is turning around and hopefully the commercial real estate … Continue reading

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Commercial Real Estate’s best index, the NCREIF’s NPI

If you want to know how the commercial real estate market is doing, you need an index. For example, the New York Stock Exchange Index measures the performance of all of the stocks that are traded on the NYSE, this … Continue reading

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Obama’s FHFA pick doesn’t want renomination

North Carolina’s top banking regulator, Joseph Smith, was nominated to lead the Federal Housing Finance Agency by the Obama administration. The Agency is responible for overseeing Freddie Mac and Fannie Mae. Several GOP senators voiced concerns that Mr. Smith wouldn’t … Continue reading

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IRS defines rules for Chinese drywall mess

If you’ve made a claim or intend to make an insurance claim for Chinese drywall repair costs, you may be able to treat 75% of the cost as a casualty loss in the year paid. If you aren’t making a … Continue reading

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Residential Real Estate prices continue to fall

Both the Standard & Poor’s/Case Shiller home price index and the Federal Housing Finance Agency’s housing-price indices fell agian in November.  The Standard & Poor’s/Case Shiller home price index fell 1.6% from the same month a year earlier, this was … Continue reading

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Commercial Real Estate projects heat up along Missouri 150 Highway widening project

The Missouri Department of Transportation is working on expanding Missouri Highway 150 between U.S. Highway 71 and Missouri Highway 291.  M-150 was previously a two lane highway and is being widened into two 11 foot wide lanes in each direction, with … Continue reading

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Another positive sign for Commercial Real Estate!

The Architecture Billings Index continued to climb, now up to the highest reading since November 2007.  The American Institute of Architects reported the Architecture Billings Index was 54.2 for December, up from 52.0 in November. The Architecture Billings Index is … Continue reading

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Commercial Real Estate and Chinese Drywall

Chinese drywall has been causing problems in the US since 2001.  Lab tests have found carbon disulfide, carbonyl sulfide and hydrogen sulfide in the drywall.  The emissions cause copper sufaces and silver jewelry to turn black and powdery.  The emissions smell … Continue reading

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Recent trend and outlook for industrial leasing

If you missed the loopnet podcast on the recent trends and outlook for industrial leasing, you can listen to it here. The podcast includes updates and outlooks from around the country, including brokers from Chicago, Orlando, Detroit, Houston, Los Angeles, … Continue reading

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Apartment Vacancy Rates continue to fall!

Great news for Kansas City Commercial Real Estate!  In the fourth quarter of 2009, the national apartment vacancy rates were 8%.  They improved to 7.1% in the third quarter of 2010 and improved even more to 6.6% in the fourth … Continue reading

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