James Hawkins, Author at Hawkins Commercial Realty • Page 2 of 45

Chart: Commercial Real Estate Quarterly Price Index Moves, Calculated Standard Deviation, Empirical Rule Observations Utilizing FRED Data

Jan 18, 2023 - Analysis - 0 Comments - Standard

Board of Governors of the Federal Reserve System (US), Interest Rates and Price Indexes; Commercial Real Estate Price Index, Level [BOGZ1FL075035503Q], index levels retrieved from FRED, Federal Reserve Bank of St. Louis; Series BOGZ1FL075035503Q, January 16, 2023.The chart herein shows the quarterly change of the Commercial Real Estate Price Index from the Board of Governors […]

Commercial Borrowing Cost: Rate Watch for December 30, 2022

Jan 05, 2023 - Financing - 0 Comments - Standard

The interest rate environment has changed fairly dramatically over the past 18 months. At the end of 2022, five year treasury rates, most closely tracked for commercial property borrowing cost, closed at 3.99%, up from the 0.2% to 0.4% range it was bouncing around within during the months preceding February 2021. If one considers this […]

Chart – Inflation Watch New Year’s Day 2023: TIPS Indicating 2.33% Expected Inflation for Next 5 Years

Jan 01, 2023 - Economy - 0 Comments - Standard

The chart above is of the 5-Year breakeven inflation rate, commonly referred to as the TIPS spread, for the five year period ending on December 30, 2022, the last trading day of 2022. This illustrates the difference in the yields, i.e. the spread, between United States Treasury bonds and Treasury Inflation-Protected Securities (TIPS) of the […]

Chart – Inflation Watch Halloween 2022: TIPS Indicating 2.67% Expected Inflation for Next 5 Years, Down from 3.59% March Peak

Nov 01, 2022 - Economy - 0 Comments - Standard

Posted above is the chart for the 5-Year breakeven inflation rate, commonly referred to as the TIPS spread, for the five years ending on Halloween, October 31, 2022. A calculation of the difference in the yields, i.e. the spread, between United States Treasury bonds and Treasury Inflation-Protected Securities (TIPS) of the same maturity, this spread […]

Chart Reflects Dearth of Industrial for Sale in Miami-Dade

Aug 03, 2022 - Industrial - 0 Comments - Standard

About any active commercial broker in Miami-Dade will tell you that there is all kinds of demand for industrial property, but none to buy. I can personally attest to this. This chart of properties noted as “industrial” in the Miami-Dade MLS and with an asking price of $1 to 5 million (mid-market industrial) illustrates this. […]

Chart: The Stunning Pandemic Driven Plunge in the Labor Participation Rate

Mar 15, 2022 - Economy - 0 Comments - Standard

With news of Starbucks unionizing and personal experiences we have all had with unavailability of workers, this chart should come as no surprise. Nonetheless, it is a stunning thing to see it visually in a chart like the one above. The peak just before the plunge was 63.5%. Two months later, it bottomed out at […]

Chart: Inflation Watch 2021 Intra-Quarter Update; Inflation Expectations Climbing

Mar 10, 2022 - Economy - 0 Comments - Standard

The 5-year TIPS spread, after almost calmly sitting a bit elevated over pre-pandemic levels in late 2021, has now spiked of a sudden spiked to the highest level in a number of years and to a level about 70% higher than where it was generally hovering pre-pandemic. There has been much talk in the financial […]

Considering Holding vs. Selling & Reinvesting Underdeveloped Land

Feb 10, 2022 - Analysis - 0 Comments - Standard

We previously posted an article comparing holding vacant land vs. selling and reinvesting the proceeds. A similar situation that we often run into is that of underdeveloped property. Such property is generating income, but as a percentage of market value income well under market rates. This happens as the land value becomes greater than the […]

Chart: Miami-Dade Commercial Real Estate Sales December 2021

Jan 12, 2022 - Trends - 0 Comments - Standard

The chart in this post displays the number of closed commercial property sales within Miami-Dade County in the two year period from January 2020 to December 2021., This includes both improved commercial properties and vacant commercial land that were recorded in the Miami Commercial MLS. December’s volume appears in line with prior months, continuing to […]

Chart: Miami Commercial Real Estate Sales to List Price Ratio December 2021

Jan 05, 2022 - Uncategorized - 0 Comments - Standard

In December the sales price to listing price ratio for commercial property dropped off a touch to a solid middle-of-the-pack 92.3%, with “the pack” being this number in the decade prior. This is for property sales as reported in the Miami Commercial MLS for improved commercial real estate (MLS classification: commercial/industrial) that lies within the […]

Chart: Miami-Dade Commercial Real Estate Sales November 2021

Dec 29, 2021 - Trends - 0 Comments - Standard

The chart herein displays the quantity of closed commercial property sales within the county of Miami-Dade, including both improved commercial properties and vacant commercial land, that were recorded in the Miami Commercial MLS for the two years ending November of 2021. November’s volume up a bit versus the prior month. As has been the case […]

Chart: Miami Commercial Real Estate Sales to List Price Ratio November 2021

Dec 21, 2021 - Trends - 0 Comments - Standard

In this month’s chart of the sales price to listing price ratio for commercial property, though the ratio was down from the prior month, that prior month was the highest and years. The ratio is thus holding strong. This is for property sales as reported in the Miami Commercial MLS for improved commercial real estate […]