2025 real estate recap and a look forward with Brendan Battenfelder and Austin Hale of Peabody, Badger and Smith

The discussion on BPS Real Estate in January 2026 covered the 2025 real estate market, highlighting a positive year with year-over-year price increases softening but still high affordability issues. Interest rates decreased, improving affordability slightly. The market saw a shift towards aspirational pricing and price reductions due to home conditions. Commercial properties averaged 384 days on the market. Major developments include the Savians project with 240 units and the Ridge Line with mixed-use residential and commercial spaces. The state's new law allows detached ADUs by right. Real estate commissions are now negotiable, leading to more transparent conversations about fees.