Author Archives: marcusmillichap

Hessam Nadji is…

Fed Raises Rates Toward Normalization; Rising Confidence in Expansion is Key

    Follow us: Research Brief March 2017 FEDERAL RESERVE Developing Trends ■ At least two more rate increases were signaled by the Fed for the remainder of 2017. Strong confidence combined with rising fiscal stimulus and tax cuts, however, could spark faster economic expansion and cause the Fed to become more aggressive with rate […]

Retail Sales Boosted by Three Significant Trends; Some Retail Components Falling Behind

  Follow us:  Research Brief March 2017 RETAIL SALES Developing Trends ■ Utilizing omnichannel approaches, both Ulta Beauty and Dick’s Sporting Goods recently announced strong sales growth and expansions. Ulta Beauty is planning 100 new locations over the coming year, highlighting strong demand at health and personal care outlets. Category sales rose 6.1 percent over […]

Payroll Growth Drives Property Performance; Some Uncertainty as Investors Await Tax Plan

  Follow us:  Research Brief March 2017 EMPLOYMENT Developing Trends ■ Last month, employers created 235,000 jobs. Goods-producing sectors made a notable contribution to the total, adding 95,000 positions. Construction firms added workers, but natural resources and mining establishments also expanded payrolls for the fourth consecutive month as activity in the energy sector increased. ■ […]

Homeownership Rate Falls to 12-Year Low; Young Households Favor Apartments

  Follow us:  Research Brief March 2017 HOUSING Developing Trends ■ Homebuilders recognize the need for starter homes. The size of a newly constructed single-family home fell 1.6 percent to 2,426 square feet last year. Increased starter-home deliveries would bring relief to the market, but high development costs prevent projects from moving forward. ■ Single-family […]