Food is ruling retail real estate, and food trucks are moving in

For the first time nearly two decades, restaurant sales surpassed supermarket sales last year. The turnaround is now showing up in retail real estate, as landlords seek to not only profit from the new normal, but reinvent the now-suffering retail mall. E-commerce may be driving consumers away from shopping centers, but food is pulling them back in.
from Harpreet Gill Realtor Century 21 Coastal Realty Ltd http://ift.tt/2aevuOR

Permit rules holding up 69,500 housing units: Development industry

Red tape being part of problem.
from Harpreet Gill Realtor Century 21 Coastal Realty Ltd http://ift.tt/2avUu6J

Average US 30-Year Mortgage Rate Rises to 3.45 Percent

ortgage giant Freddie Mac said Thursday the average for the benchmark 30-year fixed-rate mortgage rose to 3.45 percent from 3.42 percent last week. The average rate is down sharply from 4.04 percent a year ago.
from Harpreet Gill Realtor Century 21 Coastal Realty Ltd http://ift.tt/29Wm3Xk