Scot Bommarito

Nov 11, 2024 | urbanland.uli.org | Scot Bommarito |William Maher |Hannah Miet |Rosie Hepner

Real estate economists’ outlook on the U.S. economy and real estate markets improved throughout the year as economic data remain strong and real estate values and performance seem to be nearing bottom. Survey responses indicate that a soft landing has become the consensus view. The Fall 2024 ULI Real Estate Economic Forecast, a semiannual survey of economists and analysts, marks a shift toward greater optimism for real estate performance in the near term, with recovery taking shape in 2025.

Oct 28, 2024 | afire.org | Scot Bommarito |William Maher |Nolan Eyre

The US office market has been in the news for the last few years due to the large decline in office usage following the COVID-19 shut-downs. More recently, focus has shifted to the financial distress being felt by property owners and the cities that rely on office tax revenues. This article explores which types of office properties and which markets have suffered the most in terms of leasing occupancy.

Nov 13, 2023 | urbanland.uli.org | William Maher |Scot Bommarito

Real estate economists continue to expect a slowdown in the U.S. economy and real estate markets over the next year, consistent with their outlook six months ago. The economy will slow meaningfully in 2024 before improving in 2025. Real estate markets are expected to follow suit with flat or negative results in 2024, followed by a partial recovery in 2025.

Nov 13, 2023 | urbanland.uli.org | William Maher |Scot Bommarito

Real estate economists continue to expect a slowdown in the U.S. economy and real estate markets over the next year, consistent with their outlook six months ago. The economy will slow meaningfully in 2024 before improving in 2025. Real estate markets are expected to follow suit with flat or negative results in 2024, followed by a partial recovery in 2025.