Some of the largest office deals were PennyMac (74,625 square feet and 374 estimated jobs) and Robinhood (34,000 square feet and 182 estimated jobs).The best news in all of this is the economic diversity it has embedded in our economy.Keeping you in the know,Melanie

Too many times a company has had a mass layoff planned that hasn't been announced yet and the lenders get stuck holding the bag and the investors lose their money.The most important thing to remember is that a lender is expecting to get paid every month on time in full mortgage payment. 

Whether we are "in a recession" or not, people have been crushed by high interest rates, layoffs, and inflation.

With higher interest rates I can't see the demand staying high...combine that with some layoffs, people not working from home, credit increasing, savings decreasing, these retail investors taking a huge L in the stock market/crypto and the demand has got to dry up a good bit, or a lot bit in some "overpriced markets" - florida, smokies, austin, bay area etc. 

And So It Begins (once again):In the past couple of weeks:-- Facebook = 11,000 people unemployed (13% of it's employees gone in one day)-- Twitter = 50% of it's people laid off -- Zillow = 5% of its people laid off -- Peloton = 12% of it's people laid off -- Tesla = 10% of it's Salaried people (vs assembly workers)-- Juul Vaping 400 people gone.https://www.reuters.com/technology/meta-cut-more-than-11000-jobs-one-biggest-us-layoffs-this-year-2022-11-09/==================As the higher paying jobs are lost, the people may leave the area. 

Super high debt, super low savings, a terrible oil price, and some massive sector-specific layoffs.

I survived 33 layoffs because I learned from others instead of acting like I knew it all.

Louis, MO12.2%Baltimore, MD12.0%Kansas City, MO11.9%Worcester, MA11.9%Charlotte, NC11.6%Washington, D.C.11.4%Philadelphia, PA10.9%Richmond, VA10.8%Seattle, WA10.5%Providence, RI10.5%Fayetteville, NC10.1%Greensboro, NC10.0%San Jose, CA9.7%Boston, MA9.6%Colorado Springs, CO9.0%Oakland, CA8.9%Milwaukee, WI8.9%Minneapolis, MN8.8%New Brunswick, NJ8.8%Frederick, MD8.3%Portland, ME8.0%Raleigh, NC7.0%New York, NY6.8%Buffalo, NY6.7%Allentown, PA6.4%Montgomery County, PA6.0%Nassau County, NY5.5%San Francisco, CA5.5%Omaha, NE5.3%Rochester, NY4.6%Newark, NJ2.6% Dude , January 2023 target CPI Inflation is projected to be 2-3%.By that time everyone is cursing why I don't buy in July 2022 lol :)Oil price is already crashing beyond $95, metal price crashing ........there're possibility of layoffs in homebuilder industry. ....it's time to buy now if you understand the market.

They are having trouble with the San Francisco properties.https://www.globest.com/2023/01/25/veritas-defaults-on-448m-cmbs-loan-for-san-francisco-portfolio/Maybe San Francisco will see a reduction in rent prices and people will not need to partner up to rent apartments (which is how it is in some cities).Demand seems to have fallen..probably all of those thousands of tech layoffs.  

Mass foreclosures is just a lie of the YT-Channels 4-profit, fact is we have record equity market wide so any drop would have to be big enough to first wipe out all that equity AND THEN dive deeper to put far enough under-water that walking away makes sense, AND THEN also have to have a mass lay-off event, all in the 1 same, so only about a 40%+ drop in per unit pricing WHICH WOULD ALSO MEAN all new construction would completely end over night, some way some how people no longer would need roofs over there heads so apparently tent sales would explode.....