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NAR Chief Economist Says Commercial Real Estate Will Revitalize, Calls on Federal Reserve to Consider Cutting Interest Rates

Retrieved on: 
Thursday, November 16, 2023

ANAHEIM, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Commercial property rates are expected to stabilize – aside from office space – and commercial real estate will revitalize, according to NAR Chief Economist Lawrence Yun.

Key Points: 
  • ANAHEIM, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Commercial property rates are expected to stabilize – aside from office space – and commercial real estate will revitalize, according to NAR Chief Economist Lawrence Yun.
  • “There’s tremendous difficulty in the commercial real estate market with higher interest rates,” Yun explained.
  • “The small-sized banks – community and local banks – have much larger exposure to commercial real estate,” said Yun.
  • The Federal Reserve should consider cutting interest rates as we go into early next year.

Space Pioneers: Astronomy professor and students create stellar map

Retrieved on: 
Monday, August 23, 2021

Now, theres a first-of-its-kind map showing exactly where these roaming corpses of stars were born and how far theyve traveled, thanks to a Georgia College professor and a string of physics students over the past seven years.

Key Points: 
  • Now, theres a first-of-its-kind map showing exactly where these roaming corpses of stars were born and how far theyve traveled, thanks to a Georgia College professor and a string of physics students over the past seven years.
  • No one else has done thiscollected all this data into one map, said Astrophysicist Dr. Arash Bodaghee.
  • its kind of surprising to see Georgia College students taking the lead.
  • The group just published their map and a research paper on the speed of neutron stars in that galaxy.