Jason Tuvia
Bank Closures Could Sway Federal Reserve Decision, Fast Government Response Alleviates Concerns
The collapse of Silicon Valley Bank and Signature Bank sent shock waves through capital markets, but agencies have been quick to counter...
top of page
Search
Jason Tuvia
- Feb 3
- 2 min
Fed Continues to Ease Back on Rate Increases to Assess Cumulative Impact
Softening economic data warrants less-assertive rate increase. The Federal Reserve has extended its tightening cycle into 2023 by raising...
Jason Tuvia
- Dec 7, 2022
- 4 min
Tuvia Multifamily Memo - December 2022
December 2022 By: Jason Tuvia How High are Cap Rates on LA Rent Control Multifamily? Within the past 90 days throughout all of Marcus &...
Jason Tuvia
- Oct 7, 2022
- 2 min
Ongoing Job Growth Reflects Economy’s Resilience, but Portends Fed Response
Hiring continues, but signs of slowdown emerging. The labor market welcomed 263,000 new jobs in September, above the long-term monthly...
Jason Tuvia
- Oct 6, 2022
- 2 min
Development Slowdown a Step Backward in Resolving Housing Shortages
Home purchases and prices stay on the descent. In the wake of the Federal Reserve’s fifth interest rate hike so far this year, borrowing...
Jason Tuvia
- Sep 21, 2022
- 2 min
Structural Inflation Drivers Prompt Rate Hike; Real Estate Capital Markets Responding
Federal Reserve enacts fifth rate hike of the year. Following accelerated core CPI inflation and ongoing above-average hiring last month,...
Jason Tuvia
- Sep 16, 2022
- 1 min
Rising Core Inflation Keeps Fed Alert; Food, Fuel Costs Hold CRE Implications
Headline and core inflation trend in opposite directions. In August, the headline Consumer Price Index recorded a year-over-year increase...
Jason Tuvia
- Sep 8, 2022
- 2 min
Housing Dynamics Signal Long-Term Tailwinds as Sector Exits Record Demand Stretch
After vacancies plunged to historic lows for many parts of the country in 2021, rates have trended up in the first half of 2022 as...
Jason Tuvia
- Sep 7, 2022
- 1 min
Home Listings Notch 20-Month High, yet Remain Just Half of the Long-Term Average
Rates resume climb, further cooling the market. After briefly dipping below 5 percent in early August, the average 30-year fixed-rate...
Jason Tuvia
- Sep 2, 2022
- 1 min
Job Growth Downshifts to Goldilocks Zone, Providing Runway for Fed to Pull Off Soft Landing
Last month’s employment report ideal for Fed objectives. Employers added 315,000 personnel to payrolls in August, below the 526,000 jobs...
Jason Tuvia
- Aug 30, 2022
- 3 min
Rental Demand Cools Off After a Record-Breaking Stretch, but Housing Market Dynamics Indicate Longer
After national vacancy plunged to a historic-low in 2021, the rate trended up in the first half of 2022 as inflationary impacts and broad...
Jason Tuvia
- Aug 22, 2022
- 4 min
Mortgage Rate Surge Thwarts Affordability; Apartments Offer Relief from Housing Shortage
The red-hot single-family sector rapidly cooled as the Federal Reserve stepped up its fight against inflation. Surging mortgage rates...
Jason Tuvia
- Aug 12, 2022
- 2 min
Multiple Real Estate Sectors Poised to Benefit from July’s Inflation Slowdown
Inflation trend may be turning corner. The headline Consumer Price Index in July was up 8.5 percent compared to a year prior, a...
Jason Tuvia
- Aug 8, 2022
- 2 min
Job Creation Jumps in July, Bolstering Economy Against Other Headwinds
Hiring accelerates in July, underscoring labor market strength. Concerns over the economy’s trajectory, following the reporting of GDP...
Jason Tuvia
- Aug 2, 2022
- 2 min
Living Cost Sensitivity and Slower Household Creation Modify Demand Flows
Sequence of rate hikes decay housing affordability. In late July, the Federal Reserve again lifted the overnight rate by 75 basis points...
Jason Tuvia
- Jul 28, 2022
- 2 min
Recession Call Elusive as GDP Declines Against Strong Labor, Property Markets
GDP contracts, but other economic indicators in the green. Real gross domestic product declined at an annualized rate of 0.9 percent in...
Jason Tuvia
- Jul 19, 2022
- 2 min
Inflation Accelerated in June, but Forward Indicators Suggest Relief Ahead
High inflation persists, but pressure may ease. The Consumer Price Index advanced 9.1 percent year-over-year in June, its fastest pace...
Jason Tuvia
- Jul 15, 2022
- 2 min
Yield Curve Inversion Reignites Recession Fears, but Many Indicators Refute Risk
Possible recession predictor lit up this month. In early July, the spread between the two-year and 10-year treasuries inverted, with the...
Jason Tuvia
- Jul 8, 2022
- 1 min
Hiring Continues in High Gear with Implications for Real Estate, Fed Policy
Job growth continues at consistent, above-average pace. Employers added 372,000 personnel to payrolls in June, bringing the total job...
Jason Tuvia
- Jun 29, 2022
- 2 min
Early Signs of Housing Price Recalibration as Higher Interest Rates Stunt Affordability
Prospective buyers deterred by decade-high mortgage rates. The Fed increased its overnight rate for a third time this year in mid-June to...
bottom of page