CRE’s Top Ten Issues Affecting Real Estate®

The economy, capital costs, and changing behaviors in the wake of the pandemic are all themes that are at the forefront in the 2023-2024 Top Ten Issues Affecting Real Estate® by the Counselors of Real Estate®.

Now in its 12th year, the Top Ten Issues identifies current and emerging issues expected to have the most significant impact on all sectors of real estate. “It’s a snapshot in time, but it’s intended to be forward-looking,” says Kathleen Rose, CCIM, CRE, President and CEO of Rose & Associates Southeast Inc.

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The Counselors of Real Estate takes a very methodical approach, surveying its approximately 1,000 members in an iterative process that starts with approximately 20 issues and common themes that are narrowed and ranked to come up with a final top ten. “Throughout the process, we are continually reviewing to be sure the issues selected haven’t dramatically shifted as economies and markets are not static,” adds Rose.

For real estate industry participants who are navigating in this complex environment it’s important to not be reactive and to be proactive, and to also look at multiple data points, advises Rose. “It’s not just about interest rates or cap rates. It’s also about understanding the economy and movements in the markets, particularly in the labor market as jobs and migration patterns influence commercial real estate,” she says.

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