Toby Jorgensen is the Senior Director of Market Analytics for CoStar and Homes.com. He analyzes commercial and residential real estate trends across Tennessee, Alabama, and the Savannah, Georgia market. He provides insights into home prices, inventor...
Toby Jorgensen is the Senior Director of Market Analytics for CoStar and Homes.com. He analyzes commercial and residential real estate trends across Tennessee, Alabama, and the Savannah, Georgia market. He provides insights into home prices, inventory levels, rental conditions, and economic factors shaping the housing market. Toby started working in commercial real estate over 20 years ago, leasing and managing apartments throughout Atlanta. After working in commercial appraisal for seven years, he worked with research teams at numerous real estate companies, including Cushman & Wakefield, CBRE, and Ernst & Young. Toby graduated from Georgia Southern University with a bachelor's degree in communications.
The office market in Nashville, Tennessee, continues to show signs of stabilization, as both overall availability and the share of space offered via sublease trend lower.
Newly released data from the U.S. Census Bureau reaffirms that, even with a slowdown in U.S. population growth, Tennessee remains among the nation’s top demographic performers.
The Nashville, Tennessee, multifamily investment market gained momentum heading into 2026, with the fourth quarter of 2025 recording the highest quarterly volume in two years.
Chattanooga, Tennessee’s apartment rents ticked up year over year during the fourth quarter of 2025, the first time annual rent growth was positive since the second quarter of 2024. The 0.4% increase ...
Demand in the Huntsville, Alabama, multifamily market softened during the fourth quarter of 2025, as net absorption, the difference in move-ins and move-outs, reached its lowest quarterly total in ...
The completion of the 300,000-square-foot Peabody Union office building in Downtown Nashville, Tennessee, during the second half of 2025 marked the end of an era. For the first time since 2013, there ...
Savannah, Georgia, is seeing its lowest rate of industrial rent growth in over a decade, as a spike in construction has led to a glut of available space.
Nashville, Tennessee’s multifamily market continues to stabilize, with the region’s vacancy rate slowly decreasing due to robust demand and a moderating supply pipeline. However, this improvement has ...
Investors and owner-occupiers are acquiring office properties in Nashville, Tennessee, at an accelerating pace, driven by improving demand, discounts from the 2022 peak and an increased appetite for ...
Thanks to robust rent growth, low availability and other factors, Nashville, Tennessee, ranks as one of the top retail markets in the country once again.
After sinking to a post-pandemic low at the start of 2024, industrial construction in Nashville, Tennessee, has more than doubled as of the fourth quarter of 2025 after seven consecutive quarters of ...
Annual apartment rents in Savannah, Georgia, have fallen for the first time in 15 years, as landlords have been forced to lower rates to contend with the surge in new units.
Annual industrial real estate sales hit a record high in Savannah, Georgia, as demand for space has surged in the burgeoning East Coast distribution hub.
Despite ranking among the top markets in multifamily development, Nashville, Tennessee's apartment expansion has been slowing for about two years. But while construction has slowed downtown, ...
Apartment asking rents in the Nashville, Tennessee, area have dropped to their lowest point in four years as landlords contend with a wave of new units that has increased the competition for renters.
After several years of oversupply, the Chattanooga, Tennessee, multifamily market is entering a period of renewed stability with demand elevated and the market's pipeline at one of its lowest levels ...