MARKET UPDATES

By Chad Heer October 15, 2025
You already know that books are a valuable resource for learning new skills and gaining better insights in all aspects of your life. The challenge is sorting through the thousands of titles published each year and knowing if a particular book will help you. 100 Best Books for Work and Life is the solution to that problem. The selections in 100 Best Books were chosen by twenty-year publishing veteran Todd Sattersten to help you with both personal and professional pursuits. The twenty-five chapters in 100 Best Books are organized by topic to make it easy to find the books that can help you right now. And each review provides a comprehensive summary with valuable background information for how its teachings can help in all parts of your life. 100 Best Books for Work and Life will help you cut through the clutter and discover the books that are worth your time and will enrich your life.
By Chad Heer October 10, 2025
By Chad Heer October 1, 2025
CRE Broadly Gains in August Commercial real estate prices saw broad-based growth in August, led by retail and industrial sectors, per GlobeSt. The RCA CPPI All-Property Index climbed 2.4% annually, its fastest rate since late 2022, and 0.9% month-over-month, translating to an 11.1% annualized increase.
By Chad Heer September 25, 2025
The national office vacancy rate dipped slightly to 18.7% in August, though trophy assets remain the main draw in an otherwise uneven market. Hybrid is the new normal: Two-thirds of U.S. firms offer flexible attendance, leaving physical office use stuck in the 50–55% range. While NYC has seen its strongest leasing demand in five years, most markets remain sluggish, with top-tier buildings carrying the load. Rents & vacancy: Office rents averaged $32.63/SF in August, down 0.4% from last year, while vacancy eased to 18.7%. Seattle, Austin, and San Francisco remain oversupplied with vacancies above 25%, but Manhattan stands apart with just 13.6% vacancy and rents near $68/SF. Sales activity: Sales hit nearly $33B YTD, averaging $190/SF—well below 2019’s highs. Manhattan led with nearly $5B in deals, trailed by the Bay Area and D.C. A standout transaction came in Dallas, where Cousins Properties paid $218M for The Link at Uptown, reflecting strong demand for top-tier assets.
By Chad Heer September 18, 2025
The Fed finally made its move, and while the 25 bps cut won’t change the game overnight, CRE sees it as a welcome shift. What happened: The Fed reduced its benchmark interest rate by 25 basis points to a range of 4.00–4.25%, ending a streak of five straight pauses. More importantly for markets, the Fed’s updated "dot plot" projects two more cuts this year, with a longer-term target of 3.1% by the end of 2027—down from a 3.4% projection in June. Zoom in: The median forecast from Fed officials places the year-end fed funds rate at 3.6%, with projections ranging from 2.9% to 4.4%. Following the announcement, prediction market Kalshi saw the odds of three total cuts this year jump to 67%, up from 48% the day before.
By Chad Heer September 12, 2025
By Chad Heer September 12, 2025
By Chad Heer August 15, 2025
By Chad Heer February 18, 2025
By Chad Heer December 30, 2024
Read Full Article Here: https://www.costar.com/article/1217337574/changing-tides-lift-the-forecast-for-2025
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