WS1175: Weekly Investor Update: January 2 - 8, 2022

MARKET INDICATORS SNAPSHOTWEEKLYMortgage Rate (30-Year Fixed): 3.11% (as of 12/30)MONTHLYExisting Home Sales: +1.9% (November 2021)New Residential Sales: +12.4% (November 2021)Median Sales Price for New Houses Sold: $416,900 (November 2021)Construction Spending: +0.2% (October 2021)New Residential Construction: 3.6% (November 2021)QUARTERLYHomeownership Rate: +65.4% (3Q21)Rental Vacancy Rate: +5.8% (3Q21)Sources: NAR, BLS, Federal Reserve Bank, MBACOMMERCIAL REAL ESTATEWellsFargo: Retailers, developers to be impacted by inflationUS inflation could negatively impact retailers and small businesses who are trapped in long-term leases.CRE poised to continue growth in 2022Cred iQ noted an increase of $116 billion of total CRE debt from commercial banks at the start of December 2021.NAR: Commercial real estate to strengthen in 2022A record-low vacancy rate of 4.5% for the multifamily market was registered in the middle of December.Industrial real estate sales rise amidst drop in e-commerce salesVacancies for industrial space in 3Q21 remained tight at 5.7%. Industrial purchases represent sector’s continued streakSeveral companies are poised to gain traction from recent acquisitions.US office market remains stable despite uncertainties Office-leasing activities in the country’s top 12 markets’s fundamentals remain strong.COVID-hit hospitality sector trying to stay afloatThe Omicron variant has forced hotels to become quarantine facilities, especially New York.HOUSINGCondo and co-op sales rebound in ManhattanCondo and co-op After interviewing thousands of entrepreneurs, one truth is clear: business success means little if it costs your marriage, family, or faith.I'm now hosting the Courageous Men podcast for men who want to lead well at home and at work. I'm looking for five men to walk closely with who want to lead well at home and work.  Email me at [email protected] and tell me why you should be one of the five. whitneysewell.com  VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow📝 JOIN THE DISCUSSIONhttps://www.facebook.com/groups/realestatesyndication➡️ FOLLOW UShttps://twitter.com/whitney_sewell https://www.instagram.com/whitneysewell/ https://www.linkedin.com/in/whitney-sewell/ ⭐ Be Our Guest!We are continuously working hard to help our listeners with their journey to real estate syndication. If you think you can add value in any way to our listeners who are in commercial real estate, then we’d love to have you over. Apply here: https://lifebridgecapital.com/join-our-podcast/