Author Archives: marcusmillichap

Hessam Nadji is…

Low Unemployment Fuels Housing Demand, Favors Apartments

  Employment MARCH 2019 Low Unemployment Fuels Housing Demand, Favors Apartments Tight labor market curbs job creation. The U.S. economy added 20,000 jobs in February, the lowest monthly total since September 2017. While the partial government shutdown and winter storms contributed to last month’s meager showing, the pace of hiring should recover in March. Still, […]

2018 Job Growth Closes on a High Note, Tight Unemployment to Restrain Hiring

  EMPLOYMENT JANUARY 2019 2018 Job Growth Closes on a High Note, Tight Unemployment to Restrain Hiring Aggressive recruiting accelerates employment growth in 2018, raising housing demand and consumer spending. The economy added 312,000 positions in December for an annual total of 2.6 million new roles, outperforming both 2016 and 2017. Unemployment fell to a […]

Extremely Tight Unemployment Among College-Educated Strengthens Demand For High-End Apartments

    Follow us: |  |  Research Brief October 2018 EMPLOYMENT Developing Trends ■ Year-to-date job growth outperforms last year’s comparison. In September, 134,000 jobs were filled, bringing the total expansion of the employee base for the year up to 1.9 million people. That is 180,000 more jobs than were added in the same time period in […]

Stock Market Volatility Up Amid Rising Interest Rates; Stability of Commercial Real Estate Holds Appeal

  Follow us: |  |  Research Brief October 2018 STOCK MARKET Developing Trends ■ Fed remains committed to tightening. Recent comments from the Fed remain hawkish, with a rate hike planned for December and as many as three next year. Core PCE (personal consumption expenditure), the Fed’s preferred inflationary metric, remained at 2 percent in August, matching […]