Pending home sales in Palm Beach County surge by double digits
Fueled by demand for luxury $1-million-and-up homes, total home sales in Palm Beach County climbed 8.4% year over year in July, while pending sales — a future indicator of closings — rose 20.3% in July compared to a year earlier, according to the latest report from...
Miami suburb ranks high for big city feel
The suburbs are becoming more alluring to residents of major cities as the COVID-19 pandemic continues into autumn. Zillow and Yelp have joined forces to create a Cityness Index to help people find suburban locales that possess a touch of urban appeal — think...
Dollar General launches new brand targeting affluent customers
Dollar General is launching a new brand aimed at higher-income earners — and keeping the focus away from the “dollar” in its name. The new brand, Popshelf, will still sell inexpensive products in its stores, with most items priced at $5 or less, the Wall Street...
Even As Retail Property Transactions Slow, Two Investment Trends Become More Notable
The pandemic’s devastating impact on the U.S. retail real estate market keeps growing, with bankruptcy and store closings mounting. In the first three quarters of 2020, preliminary data now shows the U.S. retail market recorded 37 million square feet of negative...