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Gone Shopping: Retail Sales Surged in January
USA Today, Feb. 15, 2017--Paul DavidsonAmericans splurged in January as retail sales picked up sharply despite fewer car purchases, and a core reading was strong.
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Fannie Mae’s Support of Invitation Homes’ IPO Boosts SFR Market
GoRion, Feb. 17, 2017--Kerry CurryFannie Mae's backing of Invitation Homes' recently completed IPO bodes well for the future of the single-family rental market as the government-sponsored enterprise's decision to securitize a $1 billion loan adds an important layer of credibility.
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Goldman Sees U.S. Mortgage Rates up 150 Basis Points by 2019
Reuters, Feb. 17, 2017--Richard LeongGoldman Sachs analysts said on Friday that they expect 30-year conventional mortgage rates to rise 150 basis points to about 5.5 percent by 2019 in step with an increase in benchmark Treasury yields and investors demanding higher compensation to own mortgage-backed securities.
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How the Drop in Oil Prices is Affecting Commercial Real Estate
National Real Estate Investor, Feb. 17, 2017--Patricia KirkFalling energy prices and energy-sector jobs have had a major impact on hotel stays and the oil-related financial sector in some cities as well as industrial occupancy in some states with a heavy dependence on oil.
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A Eugene Commercial Real Estate Firm Recognizes a Female Partner
Eugene (Ore.) Register-Guard, Feb. 19, 2017--Ed RussoAfter eight years, Stephanie Seubert's name is finally where it belongs--on the door of the firm that she owns with three others. The Eugene-based commercial real estate firm Evans, Elder & Brown recently underwent a name change to Evans, Elder, Brown & Seubert.
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