Category: Market Analysis
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Will the Multifamily Roller-Coaster Ride Lead to a Crash?
propmodo.com The multifamily market has been on a rollercoaster ride since the pandemic started, and the ride doesn’t look to be over soon. First, the pandemic caused higher vacancy rates and brought on a number of federal and local eviction moratoriums that landlords had to contend with. For some owners, these factors led to lower…
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Real estate expert on ‘strong’ apartment rental demand as housing affordability poses nationwide challenges
foxbusiness.com FOXBusiness 2 minutes HESSAM NADJI: Well, the rapid rise in interest rates is causing a lot of concern, especially in the housing market. Affordability is already a challenge. Nationwide, prices for homes are up 36% since the pandemic began. So since the end of 2019, we have some metros like Phoenix, Austin, Atlanta, where…