The Story Behind the Stats: Patrick Duffy Breaks Down Real Estate Trends

Ever wonder what the stats in those flashy real estate headlines really mean? In this episode, Bruce Bean welcomes economic and real estate expert Patrick Duffy for a behind-the-scenes look at the trends shaping commercial and residential property markets across the U.S.

Patrick shares how a background in economics and a few key internships launched his decades-long career analyzing the housing market. From uncovering why Omaha, Nebraska is currently the hottest market in the U.S., to breaking down how rising mortgage rates and economic uncertainty are reshaping buying behaviors—Patrick offers insights that investors, developers, and curious homeowners alike will appreciate.

The two also dig into:

• The rise of the build-to-rent movement in the South

• How retail is pivoting in a post-pandemic world

• Office return rates and what hybrid work really looks like

• Why property management is still one of the toughest jobs in real estate

• And the importance of economic resilience in local markets

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