Apartments
Fed Keeps Rates Steady (and High)—Multifamily Impacts
The Federal Reserve has thus far not deviated from its projections of 3 federal funds rate reductions in 2024, but it is in no hurry to start. While current elevated rates are not ideal for multifamily borrowers, multifamily investors with a longer-term view of the apartment market and housing demand have markedly increased their intentions…
GO >Gray Report Newsletter: March 21, 2024
Fed Doesn’t Blink on Interest Rates While the Federal Reserve has thus far not deviated from its projections of 3 federal funds rate reductions in 2024, it is in no hurry to begin these cuts this month. While current elevated rates are not ideal for multifamily borrowers, multifamily investors with a longer-term view of lower…
GO >February 2024 Rental Report: Renting a starter home is more affordable than buying one in all 50 metros
Source – Realtor.com: “February 2024 Rental Report: Renting a starter home is more affordable than buying one in all 50 metros” In every single one of the metros that Realtor.com tracks—every single one—the cost of home ownership is higher than renting. There’s a little bit of strangeness in the title here… “Renting a starter home”?…
GO >Assessing Investor Sentiment: A Window Of Opportunity
Source – CBRE: “Assessing Investor Sentiment: A Window Of Opportunity” I believe that CBRE has felt the winds changing. This is more of a follow-up on their recent investor sentiment survey a few weeks ago, but there are some juicy takeaways here. Some solid analysis, and the first sentence of their summary here is 100%…
GO >Grant Cardone’s Take on the Multifamily Market
Grant Cardone shares his inimitable insights on the current state of multifamily investment and specific markets across the country.
GO >Podcast: Cap Rate and Interest Rate Trends in 2024
Listen to the latest episode of The Gray Report Podcast and stay up to date on the most important news and research in the multifamily industry, commercial real estate, and the economy. The Gray Report on Spotify The Gray Report on Google Podcasts The Gray Report on Apple Podcasts
GO >Gray Report Newsletter: March 14, 2024
Multifamily Market Warms Up Positive rent growth is taking hold in 2024, with multiple sources reporting increased rent growth after a lengthy cooldown period. Elevated apartment supply is expected to put a limit on rent growth, but these early signs of strength in the multifamily market could bring apartment fundamentals much closer to pre-pandemic averages…
GO >Cap Rates, Interest Rates, and Multifamily in 2024
Cap rate trends and interest rate trends have come under the spotlight, with several reports on the topic as well as specific developments that will play a major factor in how the economy progresses.
GO >Multifamily Crash in 2024? Probably Not.
Source – BiggerPockets: Multifamily Is at High Risk of Continuing Its Historic Crash in 2024—Here’s Why I do appreciate that the topic of this guy’s article last year was the same as it is this year, tracking the same subject, so to speak, and it’s worth digging into each of these points. And the author,…
GO >Yardi Matrix’s Paul Fiorilla on the Most Important Trends in the Multifamily Market in 2024
Gray Report host Spencer Gray speaks with guest Paul Fiorilla, Director of Research at Yardi Matrix, and reviews the most important trends affecting the multifamily market in 2024.
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