Outlook

Harborwright’s newsletter and national-report program — institutional analysis of U.S. real estate and economic trends, delivered on a regular cadence.

Latest Outlook

Also Recent

Featured Analysis

More from our recent publication schedule.

Full Archive

Browse All Issues

Filter by topic or scroll the full archive.

Economic Development

Richmond city ran the third-largest housing deficit in Virginia

Richmond city ran the third-largest housing deficit in Virginia, with 14 years of under-permitting creating a 6,891-unit shortage that priced out the workforce …

By Matt Hayes May 12, 2026

Economic Development

Half of Virginia's growing jurisdictions fail a basic housing supply test

Half of Virginia’s growing jurisdictions are failing the basic housing supply test — permitting fewer homes than household growth requires. The gap is struc…

By Matt Hayes May 5, 2026

Insight

Henrico County is leading Virginia when it comes to issuing housing permits

THE PROBLEM Most of Virginia’s urban counties are running housing permit shortages against measured household growth where it matters most for the state’s w…

By Matt Hayes April 28, 2026

Insight

Half of Virginia renters can’t afford Virginia

Nearly half of Virginia’s renter households are cost-burdened and some communities are much higher than the state average. The math behind a 50% rent ratio. W…

By Matt Hayes April 28, 2026

Economic Development

Who Pays for Virginia’s Power? Electricity Costs, Data Centers, and the Fight Over the Grid

Part 2 of the Virginia Economic Intelligence Series. Housing costs tell one side of the story. Electricity is the other. The average Virginia household is proje…

By Matt Hayes April 17, 2026

Economic Development

Virginia Housing: Where We Are, What's Changing, and What Comes Next

Virginia housing affordability did not become a problem overnight. It was built over a decade of rising construction costs, lagging production, wage growth that…

By Matt Hayes April 16, 2026

Economic Development

The Economic Development Model Is Broken

Over the past four years, I have worked with EDOs across the U.S., Canada, and Europe on multi-generational decisions. The data they need exists, but the intell…

By Matt Hayes April 13, 2026

Data Centers

Data Centers Are a National Security Priority, but the Department of Homeland Security Ignores Them

Despite their essential role in storing and delivering digital services across sectors, data centers are not explicitly designated by the Department of Homeland…

By Matt Hayes October 20, 2025

Insight

Real Estate Doesn’t Produce Income, It Produces Expenses

Real estate is often described as a “passive income” asset, a phrase repeated endlessly in books, podcasts, and 'Mastermind' courses. But this narrative mis…

By Matt Hayes October 15, 2025

Industrial & Warehousing

Tariffs Surge Warehouse Demand in the Short-Term

On October 10, 2025, President Trump announced a sweeping new 100 % tariff on imports from China, stacking atop existing duties, effective November 1.¹ This un…

By Matt Hayes October 12, 2025

Hotels & Hospitality

Government Shutdown Costing Hotels $175 Per Room Weekly

The ongoing U.S. government shutdown is significantly impacting the hotel industry, with an estimated loss of $175 per room per week in revenue. This downturn i…

By Matt Hayes October 9, 2025

Economic Development

Why Economic Development Offices Need Better Market Intelligence

A national survey found that 64% of economic development offices (EDOs) struggle to access reliable data even as economic growth remains every mayor’s top pri…

By Matt Hayes October 6, 2025

Insight

The Four Levels of Real Estate Underwriting

Real estate underwriting isn’t about perfection, it’s about clarity. In this framework, I break down the underwriting process into four layers: the asset, t…

By Matt Hayes August 25, 2025

Services

About Harborwright

Resources