Gray Report Newsletter: September 12, 2024

CRE Investors Ready for the Rebound With CPI showing continued declines in inflation this week and lower ten-year treasury yields foreshadowing an expected interest rate reduction from the Federal Reserve, investors continue to show more activity and interest in the CRE investment market, with multifamily properties specifically showing noticeable positive growth in property prices since…

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The Biggest Barrier to Housing in the United States

Barrier Sept 9

Recent years have seen housing costs rapidly climb, and high interest rates are only part of the problem. Housing policies attuned to the benefits of additional housing supply often meet opposition at the hyper-local level, but policymakers are becoming increasingly more attentive to the ways in which deregulation can help solve the housing affordability crisis…

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Housing Proposals from the Harris Campaign

The White House: “Remarks by Vice President Harris at a Campaign Event in Raleigh, NC” [focusing on the economy and touching on housing and rents] – https://www.whitehouse.gov/briefing-room/speeches-remarks/2024/08/16/remarks-by-vice-president-harris-at-a-campaign-event-in-raleigh-nc/ I marshaled a short list of materials to provide a more detailed account of housing policy discussions connected to the Kamala Harris campaign. Amplified by Kamala’s recent remarks…

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Gray Report Newsletter: September 5, 2024

CRE Investors Ready for the Rebound While the stock market dipped lower following weaker jobs data, CRE investors are moving quickly in anticipation of a recovery in the markets and higher sales activity amidst a more favorable debt environment. One singular rate cut won’t make a dramatic difference for more borrowers, but CRE investors are…

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Cap Rate Predictions and Trump vs. Harris on Housing

Cap Rate Sept 2

The multifamily market continues to work through historic amounts of new apartment supply as the end of peak leasing season approaches, and rent growth could remain below average through the end of this year. At the same time, cap rate estimates suggest higher investor demand moving forward, particularly when factoring in a more favorable debt…

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Gray Report Newsletter: August 29, 2024

Near-Certain September Rate Cut: Multifamily Will “Survive Until 2025.” With a September decrease in the federal funds rate all-but-certain, the contrast between the current moment and future projections grows sharper. The multifamily market continues to work through historic amounts of new apartment supply as the end of peak leasing season approaches, and rent growth could…

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