19 December 2020 | 40 replies
This, combined with investors’ ravenous appetite for bonds, has pushed the yields of more than $10tn of sovereign debt into negative territory.This is costing investors billions of dollars and forcing many to buy increasingly longer-dated or more lowly rated bonds that still offer positive yields — and has sparked concerns that investors could be exposed to painful losses if yields, which move inversely to prices, snap back up.In a tweet on Thursday Mr Gross, the founder of bond powerhouse Pimco and now a fund manager at Janus, said: “Global yields lowest in 500 years of recorded history….
8 December 2020 | 0 replies
These two industries have firms looking to collectively spend $200 billion on commercial space along with their top executives needing residential options.
9 December 2020 | 5 replies
• Single-family home sales increased for a sixth consecutive month, surging 25.6 percent year-over-year with 7,990 units sold;• The Days on Market (DOM) figure for single-family homes dropped from 59 to 46;• Total property sales shot up 28.1 percent with 9,660 units sold;• Total dollar volume jumped 43.9 percent to $3.1 billion;• The single-family average price achieved a record high, rising 15.0 percent to $341,765; • The single-family median price climbed 12.0 percent to $270,000 – the second highest median price of all time; • Single-family homes months of inventory registered a 2.2-months supply, down from 3.6 months last November and below the national inventory of 2.5 months;• Townhome/condominium sales jumped 23.4 percent with the average price up 2.5 percent to $224,130 and the median price up 11.8 percent to $190,000;• Single-family home rentals fell 11.1 percent with the average rent down 5.5 percent to $1,882; • Townhome/condominium leases declined 4.0 percent with the average rent up 11.5 percent to $1,674.
11 December 2020 | 0 replies
Rezoning Roundup: 7700 Parmer, Samsung, Dell Children's receive green lightsArticle Highlights Below:Austin City Council considered dozens of rezoning requests at its Dec. 10 meeting — the last of the calendar year — and endorsed a handful that will lead to additional office, residential, commercial and hospital space across the city.7700 ParmerCouncil rezoned 129 acres at the 7700 Parmer business park in North Austin, less than one mile away from Apple’s future $1 billion campus.
6 January 2021 | 32 replies
I’m reading 25 billion for tenants.
14 December 2020 | 0 replies
https://www.har.com/content/newsroom/Houston Real Estate Highlights in November:• Single-family home sales increased for a sixth consecutive month, surging 25.6 percent year-over-year with 7,990 units sold;• The Days on Market (DOM) figure for single-family homes dropped from 59 to 46;• Total property sales shot up 28.1 percent with 9,660 units sold;• Total dollar volume jumped 43.9 percent to $3.1 billion;• The single-family average price achieved a record high, rising 15.0 percent to $341,765; • The single-family median price climbed 12.0 percent to $270,000 – the second highest median price of all time; • Single-family homes months of inventory registered a 2.2-months supply, down from 3.6 months last November and below the national inventory of 2.5 months;• Townhome/condominium sales jumped 23.4 percent with the average price up 2.5 percent to $224,130 and the median price up 11.8 percent to $190,000;• Single-family home rentals fell 11.1 percent with the average rent down 5.5 percent to $1,882; • Townhome/condominium leases declined 4.0 percent with the average rent up 11.5 percent to $1,674.
17 December 2020 | 28 replies
Apple, Amazon, Samsung, Tesla, Google, UT Medicial, all have billion dollar Austin expansions in the works or in progress.
15 December 2020 | 2 replies
Ecommerce sales in the United States totaled about $60 billion from Thanksgiving through Cyber Monday, a 22% increase compared to the same period in 2019, according to Salesforce.com.
15 December 2020 | 0 replies
Northwest Austin’s booming tech corridor is about to grow even more.A 129-acre office campus adjacent to Apple’s $1 billion office campus, currently under construction on West Parmer Lane, plans to add 800,000 square feet of office space, along with 1,800 apartments, 80,000 square feet of retail, and a 340-room hotel.The existing office campus, called 7700 Parmer, is currently occupied by A-list tech tenants such as PayPal, eBay, Electronic Arts, and Polycom.
31 January 2021 | 10 replies
(Nasdaq: TSLA), Musk's electric vehicle company, is building its $1.1 billion "gigafactory."