Economic Center Blog
Welcome to the First American Economic Center Blog, a top source for the latest housing market research and analysis driven by Chief Economist Mark Fleming.

CRE X-Factor: Retail’s Tailwinds Turn to Headwinds

By Xander Snyder on April 10, 2023
Retail real estate remains a challenged asset class, although locations catering to experiential services so far appear to be more resilient than others. Even before the onset of the pandemic, the rise of eCommerce and the shift away from mall culture created an uncertain outlook for many types of retail locations. In this month’s X-Factor, let’s ... Read More›

Commercial Real Estate retail

What Does Consumer Spending Signal about the Health of Retail Real Estate?

By Xander Snyder on April 4, 2023
The performance of retail real estate is closely tied to consumer spending trends. Over the last year, consumers have benefitted from meaningful wage growth, but inflation has erased most of those gains. Similarly, despite nominal retail sales growing by approximately 5.4 percent in February, retail spending in real terms has fallen over the last ... Read More›

Commercial Real Estate retail