COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

Consumer debt rose to a record $17.1 trillion during the second quarter of 2023, unmasking a new risk to the US economy.

While many celebrate the recent positive shift in home prices, the emergent optimism neglects a critical piece of the puzzle: inflation.

Personal inflation rates for homeowners have recovered, while renters continue to see atypically high annual increases.

Due to high prices and tight underwriting standards, many renters now expect there’s a good chance they will never own in their lifetime.