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Calculated Risk

A top ranked economics and finance blog with a focus on the housing market ....

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Calculated Risk

A top ranked economics and finance blog with a focus on the housing market ....

United States , New York , San Diego , Union County , Mike Simonsen , Lu Chen , Mount Carmel , Xiaodi Li , Census Bureau , Ashton State Bank , Citizens Savings Bank , Problem Bank List , Labor Turnover , Quontic Bank , Neighborhood National Bank , Home Bank , Mortgage Bankers Association , Union State Bank , Labor Turnover Survey For , Unofficial Problem Bank List On , Services Index For , Unofficial Problem Bank List , Federal Reserve , Office Vacancy Rate , Wabash Savings Bank , Union County Savings Bank ,

CNN CNN This Morning Weekend June 4, 2024 12:14:00

Where you are seeing very high office vacancy rate, which means that people do not have to live so close to city, and they are going to the other cities. so in some markets, there would be some meaningful price decline. but we think that especially in the city along the southern states, atlanta, you look at the arkansas or rally in north carolina, you ll probably see some continuing price growth, even though it will be a moderate price growth for the simple reason that they have a stronger job creation, affordability is there, and you have people moving in from other states coming into this area. so all real estate is local, but overall, nationwide, i see more as a price stabilization in this year. and how do you think that s going to affect the economy more broadly? the housing lease the economy. the economy has been struggling along, because home builders have cut back on production, but ....

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FOXNEWS Americas Newsroom June 4, 2024 15:31:00

Office buildings empty especially on mondays and fridays. mark meredith has a look at the major impact and real estate. having lived there for so many years i have to imagine this has a big impact. dana, it certainly has an impact across the city. as you can imagine when most people come to d.c. they fixate on the monuments. the next time they re in downtown d.c. they ll see signs like this. an indication what is going on with struggling businesses. you have so many office buildings still empty dedespite pandemic restrictions being lifted and people working remote. the office vacancy rate was double in 2019. the city is working to address the problem converting some empty office buildings into condos or apartment buildings. it takes time and money to get that done. we spoke with leaders in charge of trying to bring business into d.c. and they talked about the struggle of trying to adapt to ....

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FOXNEWS Special Report With Bret Baier June 4, 2024 23:31:00

bret: live in washington there. the coronavirus pandemic has accelerated the trend of employers allowing workers to do their jobs from home. seeing a lot of this. it s having a significant impact, particularly in the nation s capitol. correspondent mark meredith shows us tonight. in downtown washington, d.c. four sites cover up what were once rows of boutiques, restaurants and shops. while the nation s capitol has dropped restrictions many was and federal workers remain remote cutting down d.c. s foot traffic. when the federal workers are not in the office, it has a major impact on what we are seeing in downtown. garrett price is the acting director of downtown d.c. a nonprofit responsible for bringing business and people into the district. he says while some businesses like hotels are thriving, others, including smaller retailers struggle as the customers they rely on stay home three or hour days a week. a recent study found d.c. s office vacancy rate sits around 20%, nearly d ....

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