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The U.S. office market is rebounding faster than expected, with CoStar Group forecasting 10 million sq ft of positive absorption in 2026 and rent growth rising to 1.5% by mid-2027. Vacancy rates, however, will stay above 13.5% through 2030. Despite increased office attendance and demand, labor market uncertainty and structural changes, like reduced per-employee space, pose ongoing challenges.
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U.S. apartment rents fell in October, marking the steepest decline in over 15 years.
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Average rent hit $1,708, down 0.3% from September, fourth straight month of declines.
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Year-over-year growth slowed to 0.8%, signaling moderation across most U.S. rental markets.
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The West led declines (-0.53%), South (-0.28%), Northeast (-0.24%), Midwest (-0.18%).
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Markets with high new construction face weak rents, while supply-constrained metros continue strong growth.
Home builder confidence rose slightly in November to 38 from 37, still below last year's 46, reflecting cautious buyer sentiment amid economic concerns. Regional optimism varied, with the Northeast most positive. Active home listings increased 15.3% annually in October, aiding buyers. However, building permits, starts, and completions declined year-over-year, indicating ongoing supply challenges despite some inventory growth.
Thanksgiving is commonly known to commemorate the colonial Pilgrims’ harvest meal that they shared with Wampanoag Indians in 1621But it wasn’t a holiday until 1853 that Abraham Lincoln declared it a national holiday and kept Thanksgiving as the last Thursday in November.In many American households, the Thanksgiving celebration centers on cooking and sharing a bountiful meal with family and friends.Parades have also become an integral part of the holiday, featuring marching bands and performers.
Happy Thanksgiving. May the autumn glow and delicious harvest of the season bring you happiness and prosperity.
The American dream of homeownership is shifting as affordability challenges lead families to consider multigenerational living and multifamily rentals. Multifamily properties show a 7.6% yearly investment increase due to higher net income and lower mortgage rates, while single-family home appreciation slows. Single-family homes offer faster equity growth, ideal for short-term gains, whereas multifamily properties provide steady cash flow and long-term wealth potential. Adaptable homes are gaining demand amid changing living trends.
Sam has a Master of Business Administration (MBA) degree and years of experience dealing with people. As a real estate broker with his vast knowledge of the industry, he always wants his customers to get top-notch service.
