National rents are still falling. Realtor.com’s September 2026 rental report, published today, puts the median asking rent for zero to two bedroom units across the 50 largest metros at $1,694, down 0.4% from a year earlier. That is the 38th straight month of annual...
Two data points crossed my desk this week, and together they explain more about the housing market than any mortgage rate headline.The first: CRE Daily, summarizing a GlobeSt report on new Federal Reserve data, reported that median net worth for households under 35...
CBRE just said out loud what most of us feel in our inboxes. CRE Daily reported on October 23 that CBRE chief executive Bob Sulentic expects rate volatility to keep a lot of investors on the sidelines, potentially until the second half of 2027. Deals are being...
The loudest version of the apartment story right now is that multifamily credit is cracking. The data says something more specific, and a lot more useful for anyone who actually has to underwrite a building.CRE Daily reported this week on Trepp’s August figures for...
Multifamily distress has a location problem, and it is not the one most people assume. CRE Daily reported this week on Trepp’s August data for securitized apartment debt, and the headline is striking: private-label CMBS now carries about half of all delinquent...
Pending home sales fell to the lowest level on record in September. Not the lowest since the last downturn. The lowest ever measured. Realtor.com reported on Tuesday that contract signings dropped 7.3% from August and 11.3% from a year earlier, according to the...