Daily News 10-5-2026

Phoenix was named one of the nation’s top boomtowns in a recent ranking by LendingTree. The study analyzed the 50 largest metropolitan areas in the U.S. across three categories: people and housing; work and earnings; and business and economy. Southern metros largely dominated the ranking, claiming eight of the top 10 spots. Austin, Texas, ranked No. 1. According to Matt Schulz, chief consumer finance analyst at LendingTree, there are several reasons why Southern metro…»

The multifamily transaction market does not necessarily need a dramatic drop in interest rates to reopen. It may first need something more basic: enough confidence in future rent growth for buyers to stop underwriting apartment properties as if operating fundamentals will keep deteriorating. That was the subject of a recent Walker Webcast conversation between Willy Walker, chairman and CEO of Walker & Dunlop and Ivy Zelman, co-founder and executive vice president of Zelman, a…»

For years, One Camelback has stood at the center of one of Phoenix’s busiest intersections, its glass facade and dramatic silhouette impossible to miss. But while the tower had all the makings of an Uptown landmark, its transformation into apartments stalled before it could become part of daily life in the neighborhood. That is about to change. One Camelback will soon welcome its first residents, transforming the long-stalled former office tower into a 163-residence…»

Economic uncertainty drove many investors toward retail properties offering potential stability, according to Marcus & Millichap. The company’s recently released third-quarter national retail report found that many investors favored single-tenant, net-leased properties because of their perceived lower risk. Others gravitated toward shopping centers with upside through re-tenanting, upgrades and improved management. The number of $20 million-plus retail sales during the first…»

The Short Version: Retailers are looking beyond population growth when evaluating new markets, weighing factors including household incomes, wage growth, job creation, demographics, housing trends and competition. Higher interest rates and rising land and construction costs are limiting new retail supply, with U.S. retail space under construction still well below 2008 levels and below the recent 10-year quarterly average. New demand indicators from NAR and First American Data…»