Author Archives: marcusmillichap

Hessam Nadji is…

Retail Sales Trend Up As Discretionary Income Advances; Retailers Refine Strategies to Sustain Growth

  Follow us: |  |  |  Research Brief April 2018 RETAIL Developing Trends ■ Job formation cools after February’s robust gains. U.S. employers added just over 100,000 positions in March, following more than 300,000 workers added to payrolls in February. A loss of roughly 4,000 jobs in retail trade was noted, with department stores headlining the reduction. Nonstore […]

Home Price Appreciation Widens Affordability Gap, Sustains Strong Apartment Housing Demand

  Follow us: |  |  |  Research Brief March 2018 HOUSING Developing Trends ■ First-time homebuyers accounted for 29 percent of sales in February, down from 31 percent one year earlier. Rising interest rates could put additional strain on home sales this year. Limited for-sale inventory, especially in the entry-level home segment, will keep many would-be homebuyers on […]

Federal Reserve Projects Three Rate Hikes in 2018; Watching Tariff Impacts Closely

Follow us: |  |  |  Research Brief March 2018 FEDERAL RESERVE Developing Trends ■ Unemployment projected to fall below 4 percent nationally. A constrained labor pool and more than 6.3 million job openings have prompted Fed projections of unemployment reaching below 4 percent nationally through the coming year. ■ Combination of tax cuts, higher wages boosting retail outlook. […]

Robust Gain in Retail Spending Reiterates Positive Commercial Real Estate Outloo

  Follow us: |  |  |  Research Brief March 2018 RETAIL Developing Trends ■ Influx of new positions in February extends job creation streak. With the addition of 313,000 positions last month, the nation has witnessed employment growth for 89 consecutive months. Retail employers expanded payrolls by 50,000 new hires in February with general merchandisers accounting for over […]