As 2006 draws to a close, the U.S. economy and the Federal Reserve are in the midst of a difficult high-wire act with little margin for error. For the moment, the economy is moderating and appears to be on course for...
The pace of apartment construction in the 25 largest metros nearly doubled to 20,000 starts in the third quarter from 11,000 in the second quarter. Unfortunately, most development is occurring in markets that don’t...