The Nadlan Group Real Estate Podcast

Americans Are Moving to Smaller Markets — What That Means for Commercial Real Estate

Americans are changing where they live, and that shift is beginning to reshape the future of commercial real estate.
 
For decades, people moved primarily for jobs and higher pay. Today, the motivation looks very different. Affordability, lifestyle, and flexibility now drive many relocation decisions, especially as remote work has reduced the need to live near major employment hubs.
 
According to a new annual migration report from United Van Lines, Americans are not moving less — they’re moving differently. In 2025, Oregon ranked as the top inbound state for the first time on record. At the same time, states like Florida and Texas, which saw massive inflows during the pandemic, are now experiencing more balanced movement in and out.
 
Six of the top ten inbound states were in the South and South Atlantic, including the Carolinas, Alabama, Arkansas, West Virginia, and Delaware. These markets offer lower housing costs and a slower pace of life, which are increasingly attractive across age groups.
 
Younger buyers and renters are gravitating toward areas that offer affordability without cutting ties to major job markets. New Jersey, for example, is drawing younger residents who want proximity to New York City at a lower cost. Meanwhile, retirees are leaving those same higher-cost states in larger numbers, continuing a gradual shift toward more affordable regions.
 
These migration trends carry major implications for commercial real estate. Ryan Severino says demand is moving away from high-profile urban projects and toward more practical, community-driven development.
 
Instead of downtown office towers and luxury retail, investors are finding opportunity in smaller office parks, workforce housing, self-storage facilities, medical offices, and essential retail centers. As people settle into modest homes in smaller markets, the surrounding commercial needs follow that same practical pattern.
 
The Southern boom that defined the early pandemic years is also cooling. Aggressive development, especially in multifamily housing, led to record new supply in 2024. Now, rents in several Sun Belt markets are flattening or falling as expectations collide with rising insurance costs and everyday expenses.
 
The bottom line is this: Americans are still moving, but they are prioritizing affordability and quality of life over pure job growth. For commercial real estate, the future belongs less to big-city expansion and more to targeted, thoughtful development in smaller markets where people are choosing to put down roots.
 
For direct financing consultations or mortgage options for you visit  Nadlan Capital Group. Contact us today for a tailored consultation, where our expert advice turns potential into profitable reality.
 
🔍 If you’re looking to get the best possible mortgage in the U.S. for Foreign Nationals and Americans, and want to run an auction between more than 3,000+ lenders, click here👇
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Continue reading on our site:
https://www.forumnadlanusa.com/2026/01/americans-are-moving-to-smaller-markets-what-that-means-for-commercial-real-estate/
#MigrationTrends #CommercialRealEstate #HousingShift #MarketOutlook #FutureOfCRE

U S Job Growth Slows in December as Hiring Cools, Unemployment Drops to 4 4%

As 2026 begins, the debate over interest rates is heating up inside the Federal Reserve. Outgoing Fed Governor Stephen Miran said Thursday that the central bank should move aggressively this year, calling for as much as 150 basis points in rate cuts to help stabilize and strengthen the U.S. labor market.
 
Speaking on Bloomberg Surveillance, Miran said the Fed has significantly more room to lower borrowing costs than many policymakers currently believe. His argument centers on inflation, which he sees as already close to the Fed’s long-term goal.
 
“I’m looking for about a point and a half of cuts,” Miran said. “Underlying inflation is running very close to our target, and that tells me where inflation is likely headed over time.”
 
Miran estimates that core inflation is effectively around 2.3%, only slightly above the Federal Reserve’s 2% target. From his perspective, that gives policymakers flexibility to shift their focus toward supporting job growth without risking a renewed surge in prices.
 
His comments follow earlier remarks on Fox Business, where he said that “well over 100 basis points” of cuts could be justified this year.
 
According to Reuters, Miran’s outlook aligns with the most aggressive projection released after the Fed’s December meeting. One estimate from within the Federal Open Market Committee showed the federal funds rate falling to between 2.00% and 2.25% by the end of 2026—a sharp drop from today’s 3.50% to 3.75% range.
 
Pressure is also coming from the labor market. NBC News reported that the U.S. added just 50,000 jobs in December, closing out the weakest hiring year since the pandemic. Excluding 2020, 2025 marked the slowest pace of job growth since the 2009 financial crisis.
 
Miran pointed to that data as a warning sign, arguing that cautious hiring and slowing momentum justify faster rate cuts.
 
Politically, the comments come as scrutiny on the Fed continues. Miran is currently serving while on leave from his role as a senior economic advisor to Donald Trump, who has repeatedly called for deeper and faster rate cuts.
 
While Miran emphasized that his stance is data-driven, his remarks highlight how intense—and divided—the debate over interest rates may become as 2026 unfolds.
 
For direct financing consultations or mortgage options for you visit  Nadlan Capital Group. Contact us today for a tailored consultation, where our expert advice turns potential into profitable reality.
 
🔍 If you’re looking to get the best possible mortgage in the U.S. for Foreign Nationals and Americans, and want to run an auction between more than 3,000+ lenders, click here👇
https://nadlancapitalgroup.com/
 
Continue reading on our site:
https://www.forumnadlanusa.com/2026/01/u-s-job-growth-slows-in-december-as-hiring-cools-unemployment-drops-to-4-4/
#InterestRates #FederalReserve #USJobs #EconomicOutlook #RateCuts

Outgoing Fed Governor Signals Big Rate Cuts in 2026 to Support Jobs

As 2026 begins, the debate over interest rates is heating up inside the Federal Reserve. Outgoing Fed Governor Stephen Miran said Thursday that the central bank should move aggressively this year, calling for as much as 150 basis points in rate cuts to help stabilize and strengthen the U.S. labor market.
 
Speaking on Bloomberg Surveillance, Miran said the Fed has significantly more room to lower borrowing costs than many policymakers currently believe. His argument centers on inflation, which he sees as already close to the Fed’s long-term goal.
 
“I’m looking for about a point and a half of cuts,” Miran said. “Underlying inflation is running very close to our target, and that tells me where inflation is likely headed over time.”
 
Miran estimates that core inflation is effectively around 2.3%, only slightly above the Federal Reserve’s 2% target. From his perspective, that gives policymakers flexibility to shift their focus toward supporting job growth without risking a renewed surge in prices.
 
His comments follow earlier remarks on Fox Business, where he said that “well over 100 basis points” of cuts could be justified this year.
 
According to Reuters, Miran’s outlook aligns with the most aggressive projection released after the Fed’s December meeting. One estimate from within the Federal Open Market Committee showed the federal funds rate falling to between 2.00% and 2.25% by the end of 2026—a sharp drop from today’s 3.50% to 3.75% range.
 
Pressure is also coming from the labor market. NBC News reported that the U.S. added just 50,000 jobs in December, closing out the weakest hiring year since the pandemic. Excluding 2020, 2025 marked the slowest pace of job growth since the 2009 financial crisis.
 
Miran pointed to that data as a warning sign, arguing that cautious hiring and slowing momentum justify faster rate cuts.
 
Politically, the comments come as scrutiny on the Fed continues. Miran is currently serving while on leave from his role as a senior economic advisor to Donald Trump, who has repeatedly called for deeper and faster rate cuts.
 
While Miran emphasized that his stance is data-driven, his remarks highlight how intense—and divided—the debate over interest rates may become as 2026 unfolds.
 
For direct financing consultations or mortgage options for you visit  Nadlan Capital Group. Contact us today for a tailored consultation, where our expert advice turns potential into profitable reality.
 
🔍 If you’re looking to get the best possible mortgage in the U.S. for Foreign Nationals and Americans, and want to run an auction between more than 3,000+ lenders, click here👇
https://nadlancapitalgroup.com/
 
Continue reading on our site:
https://www.forumnadlanusa.com/2026/01/outgoing-fed-governor-signals-big-rate-cuts-in-2026-to-support-jobs/
#InterestRates #FederalReserve #USJobs #EconomicOutlook #RateCuts

Trump Orders $200 Billion Mortgage Bond Purchase to Push Rates Lower

President Donald Trump said Friday that he has directed Fannie Mae and Freddie Mac to purchase $200 billion worth of mortgage-backed securities, a move he says is designed to bring mortgage rates—and monthly housing payments—down.
 
Trump announced the plan in a social media post, arguing that the two government-backed mortgage giants have strong balance sheets and should use their capital to support housing affordability. Shortly after, Federal Housing Finance Agency Director Bill Pulte confirmed the directive, stating that both firms would proceed with the purchases.
 
Mortgage-backed securities play a central role in determining mortgage rates. When major buyers step in, demand for these bonds increases, yields tend to fall, and mortgage rates often follow. The administration’s view is that a large, targeted purchase could offer near-term relief for buyers at a time when affordability remains strained.
 
Markets reacted calmly to the announcement. Treasury yields slipped slightly, suggesting investors see at least some downward pressure on borrowing costs, though no dramatic shift followed.
 
The move also raises questions about the long-term future of Fannie Mae and Freddie Mac. According to MarketWatch, directing the firms to buy mortgage bonds may signal a preference to keep them under government control, rather than pushing toward a public offering. Both companies have remained in conservatorship since the 2008–2009 financial crisis.
 
Buying mortgage bonds to lower rates is not a new strategy. The Federal Reserve used similar tools during past economic downturns through quantitative easing, though the Fed acts independently. History shows, however, that mortgage rates still tend to follow long-term Treasury yields, which could limit the long-term impact of this plan.
 
Industry experts see potential short-term benefits, but also risks. Michelle Parkinson of AD Mortgage said the move could ease rates temporarily, while Michael Bright of the Structured Finance Association warned it exposes Fannie and Freddie to market volatility.
 
The bond-buying order is part of a broader housing push from the White House. While borrowers may see modest relief, analysts agree lasting improvement will depend on inflation, job growth, and broader bond market conditions—not just one large intervention.
 
For direct financing consultations or mortgage options for you visit  Nadlan Capital Group. Contact us today for a tailored consultation, where our expert advice turns potential into profitable reality
 
🔍 If you’re looking to get the best possible mortgage in the U.S. for Foreign Nationals and Americans, and want to run an auction between more than 3,000+ lenders, click here👇
https://nadlancapitalgroup.com/
 
Continue reading on our site:
https://www.forumnadlanusa.com/2026/01/trump-orders-200-billion-mortgage-bond-purchase-to-push-rates-lower/
#JobsReport #LaborMarket #USEconomy #FederalReserve #EconomicOutlook

Mortgage Rates End the Week Flat as Markets Wait for Fresh Data

Mortgage rates wrapped up the first week of January with almost no movement, finishing right where they began. That outcome was widely expected. The final stretch of the year and the early holiday period rarely bring major changes in the bond market, which is what ultimately drives mortgage pricing.
 
With very few economic reports on the calendar, there was simply nothing strong enough to push rates meaningfully higher or lower. While unexpected moves can happen, 2025 ended quietly, and early 2026 is starting the same way.
 
For now, mortgage rates remain stuck in a narrow range. Bond yields and mortgage pricing have been moving sideways since September, showing little conviction in either direction. Part of this is tied to the lingering effects of the government shutdown, which disrupted the release and reliability of several key economic reports.
 
Although some major data was released in December, many investors are still cautious. Markets expect economic reports to become more consistent and trustworthy as normal reporting resumes. Until that happens, lenders have little incentive to make meaningful pricing changes.
 
This calm is not just about the holidays. Traders are waiting for clearer signals about the economy, especially when it comes to jobs, inflation, and overall growth. Without surprises in those areas, the bond market tends to hold its ground, keeping mortgage rates steady.
 
Low trading volume during holiday periods also plays a role. With fewer participants actively trading, large swings become less likely, and prices tend to drift rather than trend.
 
That may change soon. Looking ahead, next week brings several important economic releases, including the monthly jobs report on Friday. This report often carries significant weight in the bond market and can quickly influence mortgage rates.
 
Stronger-than-expected data could push rates higher, while weaker results could send them lower. Either way, more noticeable movement becomes more likely as traders return in full force and markets regain their normal rhythm.
 
For now, borrowers are benefiting from stability—but this quiet stretch may be nearing its end as fresh data begins to shape expectations for the months ahead.
 
For direct financing consultations or mortgage options for you visit  Nadlan Capital Group. Contact us today for a tailored consultation, where our expert advice turns potential into profitable reality.
 
🔍 If you’re looking to get the best possible mortgage in the U.S. for Foreign Nationals and Americans, and want to run an auction between more than 3,000+ lenders, click here👇
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Continue reading on our site:
https://www.forumnadlanusa.com/2026/01/mortgage-rates-end-the-week-flat-as-markets-wait-for-fresh-data-3/
#MortgageRates #HousingMarket #InterestRates #HomeBuying #RealEstateNews

U S Job Growth Slows in December as Unemployment Dips to 4 4%

The U.S. labor market closed out 2025 on a softer note, with hiring slowing again in December even as the unemployment rate edged slightly lower.
 
According to the latest report from Bureau of Labor Statistics, nonfarm payrolls increased by 50,000 in December. That was weaker than November’s revised gain of 56,000 jobs and fell short of the 73,000 increase expected by economists surveyed by Dow Jones.
 
At the same time, the unemployment rate declined to 4.4%, a bit better than forecasts calling for 4.5%. That combination points to a labor market that is cooling, but not collapsing.
 
The report sent mixed signals. While employer hiring remained slow, household data painted a more positive picture. The broader unemployment measure, which includes discouraged workers and people working part time for economic reasons, dropped to 8.4% from 8.7% in November. The household survey showed employment rising by 232,000 people, even as the labor force participation rate dipped slightly to 62.4%.
 
Markets took the data in stride. Stock futures moved higher, while Treasury yields showed little reaction, reflecting confidence that the economy is slowing gradually rather than sharply.
 
Revisions to earlier months reinforced the cautious tone. November payrolls were revised down by 8,000 jobs, and October losses were deeper than initially reported. Overall, job growth averaged just 49,000 per month in 2025, well below the pace seen in 2024.
 
December’s job gains were concentrated in service industries. Restaurants and bars led the way, followed by health care and social assistance. On the other hand, retail trade lost jobs, manufacturing slipped, and government hiring was largely flat.
 
Wage growth remained steady. Average hourly earnings rose 0.3% in December and were up 3.8% over the past year, while the average workweek edged slightly lower.
 
For policymakers at the Federal Reserve, the report supports a wait-and-see approach. Hiring is slowing, but layoffs remain limited, and the broader economy is still growing.
 
The takeaway is clear: the labor market is cooling, not stalling. As 2026 begins, the economy appears to be moving toward a slower, more balanced pace—one that keeps policymakers cautious as they weigh inflation, growth, and job market risks.
 
For direct financing consultations or mortgage options for you visit Nadlan Capital Group. Contact us today for a tailored consultation, where our expert advice turns potential into profitable reality.
 
🔍 If you’re looking to get the best possible mortgage in the U.S. for Foreign Nationals and Americans, and want to run an auction between more than 3,000+ lenders, click here👇
https://nadlancapitalgroup.com/
 
Continue reading on our site:
https://www.forumnadlanusa.com/2026/01/u-s-job-growth-slows-in-december-as-unemployment-dips-to-4-4/
#JobsReport #LaborMarket #USEconomy #FederalReserve #EconomicOutlook

Treasury Secretary Says More Fed Rate Cuts Are Key to Stronger U S Economy

Treasury Secretary Scott Bessent said this week that additional interest rate cuts from the Federal Reserve are the main factor holding back stronger economic growth, signaling continued pressure from the Trump administration for easier monetary policy.
 
Speaking before the Economic Club of Minnesota, Bessent argued that lower rates would directly benefit households and businesses and help keep the economy moving forward in 2026.
 
“Cutting interest rates will have a real impact on the lives of everyday Americans,” Bessent said. “It is the only ingredient missing for even stronger economic growth. That’s why the Fed should not wait.”
 
The Federal Reserve has already taken steps in that direction. In the final four months of 2025, policymakers approved three consecutive rate cuts, totaling three-quarters of a percentage point. Those moves brought the federal funds rate down to a range of 3.5% to 3.75%.
 
Even so, expectations for 2026 remain cautious. According to CNBC, market forecasts point to just two rate cuts this year, while projections from Fed officials suggest only one cut may occur. Bessent made it clear the administration believes that pace is too slow, especially as signs of labor market cooling begin to emerge.
 
Another layer of uncertainty comes from leadership changes at the Fed. Current Chair Jerome Powell is set to see his term end in May, and Bessent is overseeing the search for his replacement. The shortlist has narrowed to five candidates, with Kevin Hassett and former Fed Governor Kevin Warsh widely viewed as leading contenders.
 
A new chair could significantly influence how quickly or aggressively the Fed moves on future rate decisions.
 
Lower interest rates can support borrowing, investment, and hiring, but they also carry risks. Inflation has not fully returned to the Fed’s 2% target, and some policymakers worry that cutting too quickly could reignite price pressures.
 
Bessent acknowledged those concerns but said the administration believes the broader economy is ready for more support, pointing to policies enacted under Donald Trump in 2025 that he says laid the groundwork for growth.
 
For now, the debate continues. The Treasury is pushing for faster action, while the Fed signals patience as it balances inflation, jobs, and financial stability heading deeper into 2026.
 
For direct financing consultations or mortgage options for you visit  Nadlan Capital Group. Contact us today for a tailored consultation, where our expert advice turns potential into profitable reality.
 
🔍 If you’re looking to get the best possible mortgage in the U.S. for Foreign Nationals and Americans, and want to run an auction between more than 3,000+ lenders, click here👇
https://nadlancapitalgroup.com/
 
Continue reading on our site:
https://www.forumnadlanusa.com/2026/01/treasury-secretary-says-more-fed-rate-cuts-are-key-to-stronger-u-s-economy/
#InterestRates #FederalReserve #USEconomy #MonetaryPolicy #2026Outlook

Trump Proposes Ban on Big Investors Buying Single Family Homes

President Donald Trump signaled a major shift in housing policy this week, saying he plans to stop large institutional investors from buying single-family homes. The goal, he said, is to protect everyday buyers in a market where affordability remains a serious challenge.
 
“People live in homes, not corporations,” Trump wrote in a Truth Social post. He said his administration is taking steps to block large investors from making additional purchases and will ask Congress to turn the policy into law.
 
Large firms like Blackstone and other Wall Street-backed investors have grown their presence in the single-family housing market over the past decade. Many of these firms buy homes to rent them out, particularly in fast-growing Sun Belt states.
 
Their role expanded after the 2008 housing crash, when large numbers of foreclosures allowed investors to buy homes in bulk. Critics argue that this trend has pushed prices higher and reduced options for first-time and middle-income buyers who already face tight supply and high borrowing costs.
 
Financial markets reacted quickly to Trump’s comments. Shares of Blackstone fell sharply, and Invitation Homes, the largest owner of single-family rental homes in the U.S., also saw its stock drop. Investors clearly see the proposal as a potential threat to the rental investment model.
 
Housing affordability remains a core issue. Home prices are up nearly 55% nationwide since early 2020, while mortgage rates have stayed above 6% for much of the past few years. Many homeowners are holding onto low-rate loans from the pandemic era, keeping inventory limited and competition high.
 
Lawmakers from both parties are now asking for more details. Some support limiting corporate competition for starter homes, while others warn that restricting investors could reduce the supply of rental housing.
 
Critics say the policy alone won’t fix affordability. They argue that the real issue is supply, and without more homes being built, prices will remain under pressure.
 
What happens next depends on Congress and how broadly the proposal is written. Still, Trump’s comments make one thing clear: housing policy is moving to the center of the national debate as 2026 approaches.
 
For direct financing consultations or mortgage options for you visit  Nadlan Capital Group. Contact us today for a tailored consultation, where our expert advice turns potential into profitable reality.
 
🔍 If you’re looking to get the best possible mortgage in the U.S. for Foreign Nationals and Americans, and want to run an auction between more than 3,000+ lenders, click here👇
https://nadlancapitalgroup.com/
 
Continue reading on our site:
https://www.forumnadlanusa.com/2026/01/trump-proposes-ban-on-big-investors-buying-single-family-homes/
#HousingMarket #HomeAffordability #RealEstatePolicy #FirstTimeBuyers #USHousing

Mortgage Rates Hit Another 2 Month Low After Small Midweek Dip

Mortgage rates edged slightly lower on Wednesday, returning to levels last seen about two months ago. The move was small, but it was enough to reset recent lows for the average 30-year fixed mortgage rate.
 
The day actually had the potential for bigger changes. Several important economic reports were released, and if those numbers had pointed clearly in one direction, rates could have reacted more sharply. Instead, the data sent mixed signals, giving markets no strong reason to push rates meaningfully higher or lower.
 
As a result, the average 30-year fixed rate slipped just a bit, landing right back in a familiar range. This is a level rates have touched a few times over the past several weeks, acting as a kind of short-term floor. While the improvement is modest, it’s still a positive development for borrowers watching rates closely.
 
From a practical standpoint, it was a quiet day—and that’s not a bad thing. Anyone shopping for a mortgage or considering a refinance would see pricing that looks almost identical to earlier in the week, with a slight improvement layered on top.
 
The lack of movement comes down to calm bond markets. Investors reviewed the latest economic data and didn’t see clear evidence that inflation is accelerating or that growth is cooling fast enough to demand a stronger reaction. With no decisive signal, rates simply drifted sideways.
 
This pattern has become familiar. Markets have been waiting for clearer direction, particularly from labor market data and inflation trends, before committing to a sustained move.
 
That brings attention to the next major event: Friday’s monthly jobs report. This release often has the power to move mortgage rates more noticeably. Strong job growth could push rates higher, while signs of a softer labor market could give rates room to fall.
 
For now, mortgage rates remain calm, stable, and near recent lows—offering buyers and refinancers a steady window as the week heads toward its most important data point.
 
For direct financing consultations or mortgage options for you visit  Nadlan Capital Group. Contact us today for a tailored consultation, where our expert advice turns potential into profitable reality.
 
🔍 If you’re looking to get the best possible mortgage in the U.S. for Foreign Nationals and Americans, and want to run an auction between more than 3,000+ lenders, click here👇
https://nadlancapitalgroup.com/
 
Continue reading on our site:
https://www.forumnadlanusa.com/2026/01/bessent-says-more-fed-rate-cuts-are-key-to-boosting-u-s-economic-growth/
#MortgageRates #HousingMarket #InterestRates #HomeBuying #EconomicData

Bessent Says More Fed Rate Cuts Are Key to Boosting U S Economic Growth

Treasury Secretary Scott Bessent said Thursday that additional interest rate cuts from the Federal Reserve are the final step needed to strengthen the U.S. economy and support growth in 2026.
 
Speaking ahead of remarks prepared for the Economic Club of Minnesota, Bessent reinforced the administration’s push for lower borrowing costs and urged the Fed not to wait too long before easing policy further.
 
“Cutting interest rates will have a real impact on everyday Americans,” Bessent said. “It is the only ingredient missing for even stronger economic growth. That’s why the Fed should not delay.”
 
The Federal Reserve already lowered interest rates three times in the final months of 2025, cutting a total of 0.75 percentage point. Those moves brought the benchmark rate into a range of 3.5% to 3.75%. Still, expectations for 2026 are more restrained. Markets are pricing in just two additional cuts this year, while many Fed officials project only one.
 
Bessent argued that caution may be misplaced, especially as parts of the economy show signs of cooling. Slower hiring and uneven growth, he said, make the case for further easing sooner rather than later.
 
Adding to the uncertainty is leadership at the Federal Reserve. Chair Jerome Powell is set to step down in May, and the administration is narrowing its list of potential successors. Among the leading contenders are Kevin Hassett and former Fed governor Kevin Warsh. Whoever is chosen could shape the pace and direction of rate policy in the year ahead.
 
Lower rates could help support consumer spending, business investment, and hiring. But they also carry inflation risks. Bessent acknowledged those concerns, while emphasizing that the administration believes growth is now the priority.
 
Looking ahead, the Fed faces growing pressure as 2026 approaches. With new leadership, shifting data, and rising political focus on affordability and growth, interest rate decisions may become one of the defining economic issues of the year.
 
For now, the Treasury’s message is clear: further rate cuts could help unlock the next phase of U.S. economic momentum.
 
For direct financing consultations or mortgage options for you visit  Nadlan Capital Group. Contact us today for a tailored consultation, where our expert advice turns potential into profitable reality.
 
🔍 If you’re looking to get the best possible mortgage in the U.S. for Foreign Nationals and Americans, and want to run an auction between more than 3,000+ lenders, click here👇
https://nadlancapitalgroup.com/
 
Continue reading on our site:
https://www.forumnadlanusa.com/2026/01/bessent-says-more-fed-rate-cuts-are-key-to-boosting-u-s-economic-growth/
#HousingMarket #RealEstateRisk #Affordability #HousingTrends #RealEstateData