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Tag: inflation

Impact of Retail Store Closures on Real Estate

Thu Aug 15, 2024 by on News

Impact of Retail Store Closures on Real Estate

As more and more consumers shop online, the need for large malls has overall decreased. Other reasons for less consumer mall traffic include inflation and changing consumer preferences. Recently, the department store Macy’s has announced that it will close approximately 150 stores throughout the United States by 2027. This has a huge impact on the overall real estate market, as […]

Gauging the real estate markets reaction to Iraq ISIS crisis

Tue Jul 1, 2014 by on News & Press Releases

Islamist militant gains in Iraq sent world oil prices higher Monday according to CNN. Photo: Reuters Repeatedly, I am asked what my thoughts are about the implications of the situation in Iraq as it relates to the U.S. economy and the real estate market. While I nor anyone has a crystal ball, I do believe that there are certain logical implications that […]