In a notable shift in the housing market, a recent report indicates that demand for out-of-market homes has surged significantly. According to Realtor.com, in Q2 2026, 60.1% of online views from the 100 largest metropolitan areas were directed towards out-of-market homes, up from 48.2% in Q2 2019. This trend underscores a structural change in buyer behavior, driven largely by ongoing affordability concerns in the housing market 2.
In the commercial real estate sector, Jersey Mike's has made a strategic move by signing a lease for a 72,326-square-foot office headquarters in Tinton Falls, New Jersey. This new space, located in a redeveloped area previously occupied by Commvault, reflects the company's efforts to enhance its operational capacity 4.
Similarly, KCI Technologies, Inc. has secured a lease for 53,344 square feet at the North Park business community in Hunt Valley, Maryland. This leasing activity highlights the continued demand for office space among professional services firms, indicating a robust market for commercial real estate in this sector 3.
In New Jersey, commercial real estate activity remains active as NAI Hanson has been appointed as the exclusive leasing team for the former Barnes & Noble headquarters in Basking Ridge. This development signals ongoing interest and activity in the commercial real estate market in the region 1.
As the landscape of both residential and commercial real estate continues to evolve, these trends reflect broader economic factors influencing buyer and tenant behaviors across the United States.