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Office lease sizes are decreasing as occupiers adjust to hybrid work.
Typical monthly rent across the country is $2,063 compared with the typical mortgage payment of $1,827.
Roughly 92.8% of student housing beds were leased at the end of August.
The worst may be over as strong demand absorbs a historic wave of supply.
Steady or flat values and transaction volumes are expected for rest of 2024.
New Jersey had the highest foreclosure rate among all states.
Lower rates are driving refinancing higher, but applications are still limited as many people hold sub-5% rates.
Although interest rate cuts are expected, the usual fall housing market slowdown is likely to contain any significant surge in activity.
The trend of increased construction leading to lower rents is most obvious in Austin, TX.
CRE decision-makers look to demonstrate the value of the office.