In this episode of the REconomy Podcast, Chief Economist Mark Fleming, Deputy Chief Economist Odeta Kushi, and Senior Commercial Real Estate Economist Xander Snyder unpack why an uptick in office conversions has had limited impact on the broader office market, and why that may soon change. Office-to-residential conversions remain difficult, costly, and limited in scale, while new office construction has continued to add supply. However, sharply lower office construction starts could mark a shift, making office conversions measurably influential to national office market in the years ahead. Don’t miss a single REconomy episode, subscribe today.

In this episode of the REconomy Podcast™, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi go back to the commercial real estate future with Senior Economist Xander Snyder, explaining how the emerging CRE cycle most closely resembles the 1990s and what that means for market participants. Drawing on a proprietary analysis of historical data, the team breaks down why cap rates are more likely to move sideways, rather than fall meaningfully, making income growth and operational execution far more important than valuation tailwinds.

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In this episode of the REconomy Podcast™, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi dig into their 2026 outlook for the new-home market, framing how homebuilders remain well positioned in the competition for buyers with the existing-home market in the year ahead. However, that advantage may become harder to sustain as inventory and affordability in the existing-home market gradually improve. Don’t miss a single REconomy episode, subscribe today.

In this New Year’s episode of the REconomy Podcast™, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi offer their “resolutions” for the 2026 housing market. From mortgage rates that may remain above 6 percent to gradual improvements in affordability, inventory, and sales activity, 2026 resolves to trend toward normalization amid a still-solid macroeconomic landscape. Don’t miss a single REconomy episode, subscribe today.

In this special holiday episode of The REconomy Podcast™, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi unwrap the hidden homeownership themes threaded throughout some of the most iconic holiday movie classics. From It’s a Wonderful Life to Home Alone to The Holiday, and Christmas Vacation, homeownership is more than a backdrop, it is the emotional core of the American story. Don’t miss a single REconomy episode, subscribe today.

In this episode of the REconomy Podcast™, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi dig into the 2026 outlook for commercial real estate (CRE) with senior economist Xander Snyder, who identified five forces that will shape the CRE market as its nascent recovery accelerates. Stabilizing prices, rising sales activity, rebounding refinancing volumes, increasing distress resolution, and lenders pivoting from defense to offense signal that 2026 may be the year the CRE recovery truly starts to feel like one. Don’t miss a single REconomy episode, subscribe today.

In this holiday-themed episode of the REconomy Podcast™, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi channel the classic Heat Miser and Snow Miser characters from The Year Without Santa Claus to debate the Federal Reserve’s upcoming December rate decision. From cooling shelter inflation and moderating wage growth to tariff-driven price pressures and a softening labor market, they break down the mixed signals shaping the Fed’s interest rate dilemma. Mark and Odeta make the case why the Fed may lean toward some Heat Miser rate-cut warmth or adopt some Snow Miser restraint heading into 2026. Don’t miss a single REconomy episode, subscribe today.

In this Thanksgiving-themed episode of the REconomy Podcast™, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi carve up the 2025 housing market trends they’re thankful for. From easing mortgage rates and improving affordability to growing inventory and demographic tailwinds, they highlight ‘grateful eight’ reasons for housing market optimism. Don’t miss a single REconomy episode, subscribe today.

In this episode of the REconomy Podcast™, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi shine a light on the housing market’s scariest headlines, exposing the myths shrouding reality. They explain why slowing price growth, a modest uptick in delinquencies, and low sales volumes point to a market that’s steadily rebalancing, rather than crashing. Don’t miss a single REconomy episode, subscribe today.

In this episode of the REconomy Podcast™, Deputy Chief Economist Odeta Kushi and Senior Commercial Economist Xander Snyder break down whether the commercial real estate market has reached peak distress, explaining why shifts in debt maturities, delinquency rates and sales activity across asset classes may offer a glimmer of optimism.