Midweek Real Estate Rundown Week of November 10, 2025 By Corey Parchman | CorePar Development

As we move through the fourth quarter, the real estate market continues to stabilize. Prices are firming, inventory is improving, and investors are beginning to move again. The tone across the industry feels different from earlier this year. The uncertainty is being replaced by planning and positioning. Here is what I am watching this week and my take on what it means for investors and developers.

1. Interest Rates Holding Steady

Mortgage rates remain around 6.4 percent. That number alone does not excite anyone, but the stability matters. Markets react better to predictability than constant fluctuation. Builders, lenders, and investors are all adjusting their expectations to this new normal.

My take: We have entered a period where decisions are being made based on strategy rather than speculation. The fear of high rates is fading. At CorePar, we are seeing more serious conversations with investors who now realize opportunity exists even when rates stay steady.

2. Builders Returning to the Field

New permit data shows a modest rise in single-family construction in Midwest cities. Many builders who paused projects earlier this year are now moving forward with more conservative plans focused on attainable housing and build-to-rent developments.

My take: This confirms what we are seeing in our own pipeline. Smart developers are shifting away from oversized, high-cost projects and focusing on efficient, rentable products. Our duplex communities in Muncie and Kokomo were built around this model, and the market is proving the concept works.

3. Multifamily Market Stabilizing

National rent growth has cooled, but vacancy rates remain manageable. Cap rates are rising slightly, giving smaller investors and regional developers an opening to enter markets that were overcrowded last year.

My take: This is the correction the market needed. The pricing gap between what sellers wanted and what the math supported has narrowed. For CorePar, this environment is healthy because it allows disciplined investors to buy quality assets or build new ones with realistic returns.

4. Construction Costs Level but Labor Tight

Material prices have leveled off across most trades, but labor availability remains a concern. Skilled trades are booking out early, and project timelines are being stretched into the first quarter of next year.

My take: Locking in consistent crews is the best way to protect a project’s profitability. We are already securing labor commitments for our next round of builds. Cost control is not just about material pricing, it is about maintaining reliable partnerships.

5. Strong Fundamentals in Midwest Markets

Secondary markets such as Muncie, Kokomo, and Columbus continue to perform. Rents are stable, vacancies are low, and city officials remain open to partnerships that expand workforce housing.

My take: This is where the long-term strength lies. These communities are not driven by speculation. They are supported by real demand and real people. At CorePar, we continue to invest in these markets because they offer steady returns and community impact.

Final Thought

The current real estate market rewards preparation and patience. There is no need to chase headlines or wait for a dramatic shift in rates. The best opportunities come to those who stay consistent, execute well, and focus on fundamentals.

See you next week for another Midweek Real Estate Rundown.

Corey ParchmanPresident,

CorePar Development