U.S. Office Buildings with Upscale Tenant Amenities Still Enjoy Premium Rents in 2024

Based on a new report by global property consultant JLL, as demand for high-quality and differentiated office assets intensified during the pandemic, highly amenitized office buildings are expanding their outperformance against the broader market, particularly those that offer enhanced gathering spaces and prioritize wellness. JLL says highly amenitized buildings–assets with 10 or more tagged amenities…

U.S. Pending Home Sales Down 7 Percent Annually in February

According to the National Association of Realtors, pending U.S. home sales in February 2024 grew 1.6% month-over-month from January 2024. The Midwest and South posted monthly gains in transactions while the Northeast and West recorded losses. All four U.S. regions registered year-over-year decreases. The Pending Home Sales Index (PHSI) – a forward-looking indicator of home…

U.S. Home Equity Continues to Dip in Q4

Based on ATTOM’s newly released fourth-quarter 2023 U.S. Home Equity & Underwater Report, 46.1 percent of mortgaged residential properties in the United States were considered equity-rich in the fourth quarter, meaning that the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market values. The portion…