Back-to-school shoppers gave U.S. retailers a large boost last week. National retail sales were up 4.6 percent for the week ending Saturday compared with the same week in 2013, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Stores Sales Index. Sales were up a modest …
Read More »High-paying jobs are growing faster
White-collar jobs are increasing at a faster pace in California than the rest of the state’s employment sector. Professional services jobs, including engineers, accountants, architects, attorneys and consultants, have grown at twice the pace of other jobs since the recession officially ended in 2009, according to a report in the …
Read More »National sales are up and down
The national retail sector registered mixed results last week. National retail sales dropped 0.4 percent for the week that ended Saturday but were up 2.8 percent year-over-year, according to the International Council of Shopping Centers Goldman Sachs Weekly Chain Store Sales Index, which was released Tuesday. Cool weather in some …
Read More »Jumbo loan requirements ease
When home prices rise and the need for jumbo loans increase, often times investors are more willing to relax jumbo loan requirements in order to get people into homes. Although jumbo loans exceed the conforming loan limits established by government-sponsored enterprises they are still available for home purchases but often …
Read More »Inland retail show signs of improvement
The Inland Empire retail market posted solid numbers during the second quarter, with vacancy down and net absorption up. Vacancy was 7.78 percent during the quarter, down slightly from May and down 8.1 percent year-over-year, according to Voit Real Estate Services’ second quarter report. More than 257,000 square feet of …
Read More »Retail sales keep positive momentum – barely
National retail sales posted a modest gain – 0.1 percent – during the week that ended Saturday. That marked the fifth consecutive week of sales growth throughout the country, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index, which was released Tuesday. Year-over-year, …
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