Steady or flat values and transaction volumes are expected for rest of 2024.

New Jersey had the highest foreclosure rate among all states.

Lower rates are driving refinancing higher, but applications are still limited as many people hold sub-5% rates.

Although interest rate cuts are expected, the usual fall housing market slowdown is likely to contain any significant surge in activity.

The trend of increased construction leading to lower rents is most obvious in Austin, TX.

CRE decision-makers look to demonstrate the value of the office.

In Dallas, these projects have generated spending and created jobs.

Banks are likely to spend the next several years reducing CRE exposures.