Commercial Land for Sale
Monday, August 24th, 2009Commerical Land for Sale – N. 27th St. Commercial Land for Sale
Archive for August, 2009
Weekly Market Update
Monday, August 17th, 2009
August 17, 2009
Retail Sales
Year Over Year % Change,
Seasonally Adjusted
| Consumer spending is one of the hurdles still facing the economy as it struggles toward recovery. The nascent rebound in manufacturing—thanks to low inventories combined with a gradual increase in new orders—can only carry the economy so far. In recent years, consumer spending has accounted for about 70 percent of total gross domestic product, so without the participation of consumers, the hoped-for recovery could be short-lived or, at best, weak. The Census Bureau reported that total retail sales slipped by 0.1 percent in July despite strong vehicle sales related to the cash-for-clunkers program. Core retail sales, which exclude vehicles and gasoline, fell by 0.4 percent. On a year-over-year basis, total and core sales are down 8.3 and 4.6 percent, respectively (see chart). Disappointing back-to-school sales do not auger well for the all-important holiday shopping season. While some merchants are using the downturn as an opportunity to expand into better spaces at bargain rates, a broad-based recovery in leasing activity and retail sales is unlikely until employers start hiring again.
Robert Bach, Senior Vice President, Chief Economist, has 30 years of professional experience in real estate market research, consulting and city planning. His commentary on the real estate markets is provided here on a weekly basis.
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Black Hills
Friday, August 14th, 2009One of the most beautiful areas of the country is in Black Hills South Dakota. Red Canyon company has preserved over 400 acres. They offer property and real estate vacation homes in the Black Hills area. Red Canyon Company has created four Black Hills communities to help preserve the Black Hills’ beauty and history.
It began with Canyon Rim Ranch, the very first Wilderness Preservation Community™ development in South Dakota’s Black Hills featuring just 39 homesteads on more than 2,600 acres. The centerpiece of the community is a 2,400-acre preserve where elk, pronghorn and other wildlife roam undisturbed.
If you are looking for a vacation home in South Dakato we highly reommend you give them a call. Truly and amazing place to live and play!
Hotels
Monday, August 3rd, 2009
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