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Despite a Weakening Housing Market, Prices will Continue to Grow in 2023
According to Realtor.com’s housing projection, affordability will continue to be a problem in 2023, especially for first-time buyers. Because purchasers are turned off by loan rates that are hovering around ...
The CRE Sentiment Index Indicates a Shallow and Brief Recession
The RCLCO Current Real Estate Market Sentiment Index (RMI) has been dominated by volatility lately, with distress reaching 2020 COVID-19 levels, but the results of its most recent survey indicate ...
New Yorkers Continue to Relocate to Florida in Large Numbers
More than 140,000 residents of the New York-Newark-Jersey City CBSA have relocated to Florida since January 2018, according to PlacerAI. The main beneficiaries were large cities like Tampa, Miami, and Orlando, ...
End of 2022 Office Vacancies Worse Than Pandemic Height
There are “further shadows on the future off the office,” according to Moody’s Analytics’ most recent analysis on the office market, which covers the fourth quarter of 2022. Even now, ...
Early Pandemic Office Leases are Up for Renewal Soon
According to a recent analysis from Marcus & Millichap, office leases signed in the early stages of the epidemic, those typically with three-year durations, will be coming up this year, which ...
The Metros Where Tech Pays Off Most for Real Estate
It’s simple to think that even the largest IT businesses are shutting down given the current state of the economy and the abundance of layoff notifications. However a pair of Savills reports ...
The Five Markets with the Most Maturing Office Loans
According to Commercial Edge, 9,500 buildings, or around 17% of global office stock, will be up for renewal during the next three years. There will be around 380 million square feet ...
Blog Retail Foot Traffic and Sales Decline in March
Retail sales are declining across the nation, Placer.ai says, whether it’s as a result of inflation or increased borrowing rates. Perhaps not surprisingly, less people are walking around stores. In addition to ...
The Industrial Vacancy Rate Continues to be at Historical Lows
According to Cushman & Wakefield, the industrial vacancy rate increased for a second consecutive quarter but is still historically low at 70 basis points (bps) below the five-year quarterly average and ...