Insights

Phoenix remains one of the best-performing markets in terms of job growth. The metro experienced fewer COVID-19 job losses than other large U.S. metros, and with remote working widely adopted, many employees moved to Phoenix in search of affordability. According to CoStar, more than 200 people move to Phoenix daily, seeking a lower cost of […]

Why Florida Investment Activity is Heating Up As a destination hot spot, Florida sees heightened relocations from residents and companies. According to the New York Times, the sunshine state’s year-round “perfect weather” and relatively affordable cost of living have lured nearly 1,000 residents per day, specifically from New York, California, and New Jersey. The state […]

  Despite a year of economic hardship and uncertainty, the demand for multifamily housing hasn’t slowed down. According to the U.S. Census Bureau, overall construction spending is projected to reach $1.45 trillion in 2021, compared to $1.43 trillion and $1.36 trillion in 2020 and 2019, respectively. Many metros across the nation, like Phoenix, Dallas-Fort Worth, […]

  The demand for online food and grocery delivery services skyrocketed in 2020 as consumers opted for online ordering to avoid crowded spaces like grocery stores. From 2019 to 2020, online grocery spending increased by 133 percent, according to 1010Data, a data analyst company. By 2025, online purchases will account for 21.5 percent of all […]

After a year of navigating COVID-19 and the repercussions that came with it, food brands are implementing new ideas and solidifying practices adopted during the height of the pandemic. Some brands are taking it a step further by reestablishing their position in the restaurant space through rebranding strategies to better reflect their new operations and […]

Part of the original 13 colonies, the city once served as a terminal stop of a major state-sponsored railroad but eventually saw rapid growth after multiple railroads used the terminus as a convergence point. Today, the Hartsfield-Jackson Atlanta International Airport is the busiest in the world by passenger traffic alone since 1998.   According to […]

  West Hollywood is surrounded by some of Los Angeles’ premier employment hubs. This affluent city is primarily residential but provides residents with a dense urban feel. Santa Monica Boulevard runs through the submarket, boasting a range of bars, restaurants, coffee shops, and parks. Many young professionals reside in West Hollywood as it provides a […]

  Before last year, Austin boasted one of the strongest office markets in the nation with incredible job growth, rent growth, and hefty supply pipelines. In fact, Austin saw the lowest job losses last year than any other market. Various tech companies are headquartered in Austin, including IBM, Dell, Apple, Facebook, and Oracle. Austin’s growing […]

  For the first time in a decade, Los Angeles rents decreased due to the pandemic. In late 2020 and early 2021, demand intensified, particularly for larger units on the outskirts of Los Angeles, while Class A communities posted sharp declines. However, average rents appear to be stabilizing in Q1 2021, and some outlying submarkets […]