Episode 7: Austin Down 5%, San Jose Up 4.3% — What's Driving the Split?

Welcome back to What's Hot & What's Not CRE — your daily pulse on commercial real estate in America.Today we're looking at the regional picture — which markets are projecting the strongest rent growth heading into 2026.🔥 What's Hot:Tech Markets Leading — San Jose 4.3%, San Francisco 4.2% (AI boom + RTO mandates)Norfolk Surprising — 4.2% growth, wasn't on most investors' radarSouth Florida Strong — Miami 3.8%, Fort Lauderdale 3.5% (migration continues)Midwest Making Moves — Cincinnati/Columbus 3.1%, Detroit/Kansas City 3.0% (high renewals, low supply)Seattle Rebounding — 3.7% growth from tech recoveryAustin Declining ~5% — Massive oversupply crushing rentsPhoenix & Dallas Struggling — Elevated vacancy from construction boomLuxury Vacancy Above 10% — New top-tier product struggling to stabilizeOrlando & Nashville Moderating — New supply hitting these markets❄️ What's Not:Takeaway: Tech markets and the Midwest are heating up, while oversupplied Sun Belt metros are cooling off.Thanks for tuning in. See you tomorrow! Don't forget to Like, Share and Subscribe! Visit hotnotcre.com to learn more and subscribe to our newsletter.