The Fundamentals Reality: Weak Demand
We all know about fundamentals and supply and demand. But the supply and demand that many real estate investors seem to focus on today is capital. They count on more capital to make things better. They hope if capital comes back into the markets we can start doing more deals again, prices would increase in the augmented trading, and the cycle would ramp up. Bad deals transacted near the last market peak might have a chance, if they could be bailed out by appreciation.
SAN DIEGO—Multifamily lenders need to keep an eye on income growth and factor it into their underwriting standards, in addition to being aware of decreasing affordability in the market, speakers at MBA’s CREF/Multifamily Housing Convention & Expo 2017 tell attendees.
Last week I ended my Rant with the warning that the left, and the kids being turned out of universities with the belief that they can yell and scream…
CHICAGO—The rise in wages is helping push operations into secondary markets.
SAN DIEGO—GlobeSt.com caught up with MBA’s CREF/Multifamily Housing Convention and Expo 2017 attendee Ed Hussey, head of multifamily production at Pillar about his thoughts on the market.