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US Multifamily Market Rebounding: Signs of Increasing Apartment Demand
The US multifamily market is showing promising signs of recovery. For the first time in three years, vacancy rates for U.S. apartments are stabilizing as demand ramps up, potentially signaling rent increases on the horizon. Vacancies Stabilize: After years of high vacancies due to a construction boom, the apartment market is regaining stability. CoStar reports…
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Election Fever 2024: What the Data Tells Us About the Nation’s Pulse
With the 2024 presidential election just around the corner, the U.S. is once again buzzing with opinions, forecasts, and fervor. While Americans express dissatisfaction with the current state of the nation and President Biden’s administration, the data shows that voters are approaching this election with a complex mix of emotions, commitments, and priorities. Here’s a…
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Election 2024
What Real Estate Developers and Investors Need to Know About Upcoming Ballot Measures As the presidential election approaches, real estate developers and investors should pay close attention to several ballot measures across the states that could significantly impact property ownership and investment strategies. On November 5, voters will not only cast their ballots for presidential…
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The Number of Homes for Sale Reaches Highest Level Since 2019—Even in Pandemic ‘Boomtowns’
In the dynamic world of real estate, change is the only constant. The pandemic sent the market into overdrive, but higher mortgage rates had slowed the pace—until now. The number of homes for sale has surged, reaching the highest levels since 2019, even in the pandemic ‘boomtowns.’ Market Surge: Key Insights According to Realtor.com®’s senior…
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Tech Hubs Experience Office Leasing Growth: What It Means for Real Estate Developers and Investors
The demand for office space in high-tech cities is on the rise, according to a report from software and consulting firm VTS. Cities like Seattle, Boston, and San Francisco are seeing a surge in office leasing, driven by various factors that real estate developers and investors should pay close attention to. Key Insights from the…
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🌟 U.S. Economy Grew at 2.8% Rate in Third Quarter 🌟
In a key economic report released just days before the presidential election, the U.S. economy continues to show resilience, driven by robust consumer spending and cooling inflation. According to the Commerce Department, the gross domestic product (GDP), adjusted for inflation, expanded at a 2.8 percent annual rate in the third quarter. This growth rate closely…
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First-Time Homebuyers Are Snapping Up Homes in These Surprising States
Despite challenging conditions in the housing market, first-time homebuyers, especially millennials, are making significant strides in certain states. The latest market outlook report from Freddie Mac reveals interesting trends that real estate developers and investors should pay close attention to as we move forward into 2025. Rising Share of First-Time Buyers Freddie Mac reports that…
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Manhattan Investment Volume Set to Skyrocket by 76% This Year
As commercial real estate (CRE) investors begin to ramp up their activity in Manhattan, the market is showing signs of significant growth. According to a property sales report from Avison Young, Manhattan posted $3.2 billion in dollar volume for the third quarter, with 80 transactions recorded. These figures represent a 29 percent increase in transactions…
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Real Estate Market Insights: National Report
The housing market continues to evolve, reflecting broader economic trends and shifts in consumer behavior. The National report from Matrix provides key insights into current market conditions, highlighting the interplay between supply, demand, and economic factors that are shaping the landscape for real estate developers and investors. Key Takeaways Regional Highlights The report breaks down…
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High Vacancies Cost Dallas, Houston $3B in Office Rents Yearly
With a combined 103 million square feet of empty office space, Dallas and Houston are grappling with a significant economic challenge. These high vacancy rates are costing the cities an estimated $3.18 billion in potential rental income each year, raising concerns among real estate developers and investors. By The Numbers Dallas currently has 53 million…
