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In today's news
Many millennials -- those 26- to 40-year-olds supplanting boomers as the largest generation of all -- could be stalled in their goals of homeownership long after the virus has vanished. Drained savings are a major reason.
Ground-floor businesses in apartment buildings tend to be small-budget operations, and they're being hit particularly hard by pandemic shutdowns. Decent rent performance from the floors above may be helping. Check out this in-depth piece for some interesting perspectives.
A former Macy's (NYSE: M) executive turned retail consultant says he expects a third of the 1,000 or so malls still operating in the U.S. to go dark within the next year. That's right. The next year.
Now on Millionacres:
Some Retail REITs are RoaringCheck out the transcript and/or listen to the podcast for more about several real estate investment trusts (REITs) that have jumped by at least 50% in recent days as well as some reasons why there might be more gains ahead.
The state of the market, the changing role of the agent, and residential real estate as wealth creator are among topics covered by this key executive at one of the nation's largest sales networks.
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