Category: Significant Digits
While not outrageously positive, the mood of Florida consumers has rebounded from a trough last summer when a spike in inflation rocked the economy, according to the most recent surveys from the University of Florida’s Bureau of Economic and Business Research (BEBR). The economic outlook of Floridians increased in May to an index of 68.8, [...]
The map shows the change in cumulative just value[1] of residential and commercial property by ZIP code from 2013-2022. Doesn’t include vacant land. Some ZIP codes omitted because of missing data. View larger map. Values in Walton County’s 32459 tripled to $17 billion Values in Liberty County, which includes two ZIP codes, totaled $187 million [...]
The mood of Florida consumers ticked lower in December as Floridians were increasingly concerned about rising inflation, according to the latest survey from the University of Florida’s Bureau of Economic and Business Research (BEBR). The monthly index tracking the economic outlook of Floridians dropped to 64 in December, down 11% from 72.3 a year earlier [...]
Our infographics shows the tallest buildings in Florida at the time they were built, since 1925. Also included is the Waldorf Astoria Hotel & Residences, which will take the crown as the tallest when completed in 2027. Each building’s height is scaled in relation to the others. Illustrations by Savannah Doremus Freedom Tower, Miami* Built [...]
Confidence on Economic Conditions Remains Low The sentiment of Florida consumers remained fairly gloomy in September. That’s according to the latest survey tracking the economic outlook of Floridians conducted by the University of Florida’s Bureau of Economic and Business Research (BEBR). The monthly index stood at 64.4 in September, down 14% from 74.9 a year [...]
Consumers followed some significant ups and downs over the past three years with emergence of the COVID-19 pandemic, business closures and work stoppages, government stimulus and expanded unemployment benefits, surprise housing shortages, faltering supply chains, and now 40-year high inflation. Understanding consumers’ positions is important because they account for roughly two-thirds of the U.S. gross [...]
Source: BLS Producer Price Index, FRED Recession: First two quarters of 2020. Sources: CBRE Econometric Advisors, CBRE Strategic Investment Consulting Source: Bureau of Labor Statistics Source: Bureau of Labor Statistics Source: Bureau of Labor Statistics
Too Much of a Good Thing Amazon has been the flag bearer for the extremely high-performing Industrial sector for the past several years. It has already been an incredibly long run for the sector and it may not be over. The warehouse market evolved over the past several years and it may continue to trade [...]
Single-Family Homes – Build to Rent The distinction between rented and owner-occupied residences has typically been that apartments are rented and single-family houses are owner-occupied. Despite this generalization, individuals and small private investors have rented single-family homes forever. Until recently, this has occurred at a small scale with individuals and private investment groups acting as [...]
Private Sector Real Estate Returns Over the previous four quarters, all investment markets attempted to adjust to the second quarter 2020 news that the global economy was closed in an attempt to control the spread of the virus. Many real estate factors responded to the shock: sales volume dropped, leasing stopped, and uncertainty spiked. Starting [...]
Each issue of Due Diligence offers a unique collection of Significant Digits which are charts with short descriptions. The goal is to highlight some interesting data from the market that can be understood at a glance. This issue reveals the 2020 pattern of residential sales in Florida and continued growth in state population. Residential Sales [...]