Foreclosure rate by state, Steep Maturity Wall for CRE
WHAT’S MOVING THE MARKET
Vacancies linger as renter options grow. Renters now have more choices, leaving stabilized units vacant nearly five days longer than pre-2020, with the nationwide average reaching 34.4 days by late 2024. This increase adds around $275 per unit in turnover costs, cutting into rental income as over half a million stabilized units s…
Keep reading with a 7-day free trial
Subscribe to The Smith Letter to keep reading this post and get 7 days of free access to the full post archives.


