Slowing demand to lease apartments is now reducing demand to own multifamily properties. Read More›
What Do Fewer Multifamily Transactions and Greater Pricing Uncertainty Mean for Cap Rates?
Commercial Real Estate Interest Rates Potential Cap Rate Model
The REconomy Podcast™: Is the New-Home Market Over-Supplied?
In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain why new homes are making up a growing share of the overall supply of available homes for sale in the U.S. and what... Read More›
Why Housing Market Potential Increased for the Second Straight Month
Housing market potential closed 2022 on a two-month upswing, increasing by 3.0 percent relative to November. Despite the second consecutive month-over-month uptick, housing market potential remained down 17 percent compared with December of last year, ... Read More›
CRE X-Factor: Watch CMBS Maturities for Early Indications of Risk
Since Commercial Mortgage-Backed Securities (CMBS) are actively traded, their prices fluctuate more than other types of commercial debt as interest rates move. Given this interest rate sensitivity, CMBS provide insight into ... Read More›
‘Til Debt Do Us Part: What Maturing CMBS Debt Signals About the Scale of Refinancing Risk in 2023 and Beyond
As the Federal Reserve further tightens monetary policy by raising interest rates, existing borrowers of fixed-rate debt will be impacted when that debt matures. At that point, borrowers will likely need to refinance at highe... Read More›
The REconomy Podcast™: What Will it Take for the Housing Market to Rebalance?
In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine house price trends, mortgage rate fluctuations and housing supply levels for insight into what it may take for the... Read More›