Josh Cunningham, vice president of Sales for Investorist, sounds off.

"While many of our municipalities' downtowns have seen an increase in interest and investment over the past several years, many others are still in desperate need of commercial revitalization," says Courtenay Mercer, DNJ executive director.

While rising interest rates decrease home-buying power, it's also important to note that rising incomes can offset that decrease, First American's Mark Fleming tells GlobeSt.com.

“Participants in our Q1 Index survey also report that current market conditions may not last throughout next year.”