Author Archives: marcusmillichap

Hessam Nadji is…

Interest Rates Trend Lower As Fed Responds to Trade War Uncertainty

  I FINANCIAL MARKETS JULY 2019 I Research Brief Interest Rates Trend Lower As Fed Responds to Trade War Uncertainty I Fed has increasingly accommodative stance as trade battles weigh on economy. At its latest meeting, the Federal Reserve showed a greater willingness to ease policy rates in the near term. Chairman Powell pointed to […]

Robust Job Growth Underscores Confidence in Apartment, Retail Sectors

  I I EMPLOYMENT JULY 2019 I Research Brief Robust Job Growth Underscores Confidence in Apartment, Retail Sectors I Recent hiring trends fall below pre-tax stimulus job growth. Employers created 224,000 jobs in June, bringing the total so far this year to 1.03 million. That is the lowest first-half sum since 2010, although comparable periods […]

Rental Demand Elevated in 2Q; Home Refinancing Intensifies as Rates Fall

  I I HOUSING JULY 2019 I Research Brief Rental Demand Elevated in 2Q; Home Refinancing Intensifies as Rates Fall I Mortgage rates falling but home sales still soft. Though mortgage rates have declined 80 basis points since they peaked last November, single-family home sales remain sluggish. An increased preference for rentals, the limited number […]

Growing Distribution Webs Boost Retailers’ Competitive Advantages

  I I RETAIL SALES JUNE 2019 I Research Brief Growing Distribution Webs Boost Retailers’ Competitive Advantages I Consumption underpinned by elevated consumer optimism. Retail sales remained steady in May, increasing 3.2 percent over the past year. Though this is slightly lower than the previous two months, spending appears to have further stabilized following heightened […]