John Gillem is the Senior Director of Market Analytics at CoStar and Homes.com for Portland, as well as Oregon, Utah, and Idaho. In this role, he produces data-driven analysis of commercial real estate conditions and he provides insights into home pr...
John Gillem is the Senior Director of Market Analytics at CoStar and Homes.com for Portland, as well as Oregon, Utah, and Idaho. In this role, he produces data-driven analysis of commercial real estate conditions and he provides insights into home prices, inventory levels, rental conditions, and economic factors shaping the housing market. John has more than 10 years of experience in real estate analysis, having started his career in appraisal and valuation. He is a frequent keynote speaker and educational presenter at client and industry events. His insights have been featured in The Oregonian, Portland Business Journal, Axios, and KGW8 Portland, among other local media outlets. John earned a bachelor's degree in accounting from Pacific University.
At the end of 2025, performances across Portland, Oregon's medical and nonmedical office subtypes remained out of sync. Availability rates widened further in the fourth quarter, with weak demand ...
Since the end of 2022, Salt Lake City’s logistics market has experienced a significant increase in vacancy, rising from 4.4% at the end of that year to approximately 10.9% today, near an all-time ...
The multifamily market in Bend, Oregon, enters the first quarter of 2026 with a historically elevated vacancy rate, and its asking rent performance has underperformed to date, indicative of ...
Boise, Idaho’s multifamily market rebalance continues into the first quarter of 2026, though the market’s asking rent performance hasn’t quite synced with the trend.
Multifamily construction in Boise, Idaho, has weakened dramatically as 2025 comes to a close. A dearth of new groundbreakings through late 2025, coupled with a steady completion schedule, has ...
The preliminary, non-seasonally adjusted employment data for Boise, Idaho, from the U.S. Bureau of Labor Statistics indicate that employment growth slowed slightly in September, with a 1,200-job ...
Since the end of 2022, Boise, Idaho’s logistics market has experienced a significant increase in vacancy, rising from 3.4% at the end of that year to just under 10% today, near an all-time high.
Portland, Oregon’s multifamily market remains balanced as 2026 approaches. Leasing has been steady, and new supply additions are visibly tapering. Thus, the vacancy rate continues to downshift from a ...
Since the end of 2022, Portland’s logistics market has experienced a significant increase in vacancy, rising from 3.6% at the end of that year to approximately 8.5% today, a level not seen since the ...
Boise retail leasing has experienced a noticeable decline in volume during the third quarter of 2025, as evidenced by new lease data that excludes renewal deals — recently signed deals total just ...
Portland's retail leasing has experienced a noticeable decline in activity during the third quarter of 2025, as evidenced by new lease data that excludes renewal deals. Recently signed deals total ...
Portland’s industrial sector fundamentals have been weakening over the past year. However, leasing volume has trended up over the past two quarters, and the market’s health may be in the early stages ...