Macy’s Real Estate Clearance Rack

Back in August, the company announced plans to close about 100 stores. Last week, it identified about two-thirds of the locations that will be shuttered. It is expected that they will close within a few months. The objective of the closures is most likely to eliminate...

Distressed Sales Hit a New Low

According to a new report issued by ATTOM Data Solutions, the share of third-party sales at foreclosure auctions reached a new high, comprising 28.5% of all completed foreclosure auctions in 2016, as compared with 23.5% in 2015. The ATTOM report found that the...

2016 New Jersey Industrial Market Scores

New Jersey’s industrial real estate market has enjoyed a great year. Most of the independent research groups have reported that 2016 was the best all-around year for the New Jersey industrial market in over a decade. The uptick was no doubt partially due to its...

December Pending Home Sales Index Rise

The National Association of Realtors® reported that its Pending Home Sales Index [PHSI] jumped up 1.6% in December. The pop in the report was the result of improved sales in the South and West. Activity in the Northeast and Midwest was not as robust. The PHSI climbed...

Mastering Monday Jan 30

Great people are not normal; that is according to the book, Organize Tomorrow Today, by Jason Selk and Tom Bartow. The trick is to learn to overcome average and become extraordinary. In Major League Baseball, nothing spreads faster than a scouting report. Once the...