The week started with investors and lenders holding a “wait and see” stance on interest rates. Transaction activity is still down compared to historical averages, but pricing has largely stabilized in key growth markets.

The difference between a great deal and a costly mistake often comes down to what happens before the purchase agreement is signed. In today’s competitive market, evaluating a site isn’t just about location it’s about strategy.

From Indianapolis to smaller cities like Kokomo and Anderson, workforce housing is becoming a central topic in local economic development discussions. City leaders increasingly understand that affordable, quality housing is essential for workforce retention.

1. Interest Rate Sentiment The Fed’s latest statements will shape investor confidence heading into year-end. Expect more discussions around when rate cuts could arrive in 2026 — a key factor for developers lining up financing rounds. My Take:  Stability is everything right now. Until we get rate relief, deals need to be structured smarter — not bigger. Fixed-rate debt, solid equity partners, and realistic returns are what will win in this environment. 2. Construction Pipeline

This didn’t happen overnight. America’s housing shortage is the result of decades of decisions — economic, political, and cultural — that gradually built up pressure in our system.

As a developer, I’ve learned that choosing the right site isn’t about luck or gut instinct it’s about aligning data, design, and community vision. A great project in the wrong location can still fail. But a smart site in the right market can turn even a simple concept into a sustainable investment.