Recent Posts by Xander Snyder
Xander Snyder is the senior commercial real estate economist for First American Financial Corporation, the premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry. In his role, he provides analysis, commentary and forecasts on commercial real estate trends. Snyder's research focuses on economic trends impacting commercial real estate, such as demographics, fundraising, investment, and commercial lending. He monitors, analyzes and reports on economic data and surveys related to commercial real estate, and develops models and forecasts to better understand the forces that influence commercial real estate markets. Before joining First American, Snyder developed data-driven models to guide real estate investment strategies, co-founded a proptech startup, and worked as a global risk analyst analyzing geopolitical risk around the world and consulting international companies on supply chain risk. Snyder graduated from Cornell University with a double degree in economics and classical music composition, earning the title of Summa Cum Laude. He is currently completing a master's degree in data science from UC Berkeley. Snyder, a native Angeleno, lives and works in Los Angeles.
How Work-From-Home is Driving Greater Shadow Office Space
By
Xander Snyder on November 21, 2022
During the Great Recession, the phrase “shadow inventory” referred to the number of foreclosed housing units that had not yet hit the market but could be listed soon. A similar concept can be applied to today’s office vacancy rates. In a number of major cities, office buildings remain half empty and, given the remaining prevalence of hybrid and ...
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Will Slower Apartment Leasing Activity Lead to Rising Multifamily Cap Rates?
By
Xander Snyder on October 19, 2022
Surging mortgage rates have suppressed demand for home purchases by reducing affordability, which has prevented many renters from transitioning to homeownership. As a result, rental demand has remained strong and real estate investor interest in multifamily properties has remained high. Multifamily transaction volume broke records in 2021, and ...
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Commercial Real Estate Interest Rates Potential Cap Rate Model
Are Investors Fueling the Rapid Decline in Housing Affordability?
By
Xander Snyder on August 26, 2022
According to data from First American Data & Analytics, investor purchases of residential homes as rental properties as a share of all residential home sales[1], have increased sharply in the last year, rising from 10.5 percent in May 2021 to nearly 18 percent in May 2022. Increasing investor participation in the residential housing market has ...
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How Will Rising Interest Rates Impact Cap Rates?
By
Xander Snyder on June 30, 2022
When inflation first began to surge in 2021, many believed it would be transitory. Inflation has remained stubbornly high, however, prompting the Federal Reserve to tighten monetary policy. In response, the yield on the 10-Year Treasury note has more than doubled, from 1.5 percent at the end of last year to nearly 3.5 percent in mid-June. The ...
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Commercial Real Estate Interest Rates Potential Cap Rate Model
Commercial Real Estate Prices Still Have Room to Run
By
Xander Snyder on April 14, 2022
In the initial stages of the pandemic, some sectors of the commercial real estate market suffered. As people shifted to working from home – avoiding travel, visiting retail stores, and dining in restaurants – prices for hotels, retail properties, office buildings and other property types where people traditionally gathered declined. However, as ...
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Commercial Real Estate Interest Rates Potential Cap Rate Model