Silicon Valley2023-01-18T12:57:00-08:00

Silicon Valley

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Insights

Local market analysis specific to Silicon Valley and the greater area. Podcasts, white papers, and more!

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Market Analysis

The post-pandemic world is beginning to take shape as restrictions are lifted and people finally return to offices. Remote work is probably here to stay in at least some form, but it has become clear that some interactions can only happen in person. Offices, therefore, will still be needed. Living close to downtown will still have advantages, and there should be less need for houses in the suburbs.

Insiders Podcast

Today’s Impact on Higher Education Construction

Construction in the higher education sector continues to evolve. In our latest podcast, two of our experts discuss building trends they’ve witnessed on various campuses throughout the southeast. “Whether it’s state schools or private schools, the focus is on the students and being able to provide a good education. But it’s more than that. It’s the whole experience, it’s the quality of living and the extracurricular activities that they’re able to engage in,” explains Joe Saatkamp, Executive Vice President for Cumming’s central region. “I see trends toward making that living experience and quality of life higher.”

Expert Insights Blog

Steel Prices

Steel prices continue to register their lowest values since May 2021. Spot prices going into 2023 are almost 20% less than those going into 2022. This slide is primarily due to what people in finance call “mean reversion”: as time goes on, prices return to their average. Steel prices had been unsustainably high for almost two years, and this is a return to form rather than a sign of weakness. We expect them to continue to decline and recommend waiting until the spring before making major purchases.

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