At the end of 2020, annual effective asking rents for the nation overall were cut by 1.1%. Moving forward, however, pricing is expected to reach the breakeven point in the last half of 2021, and then growth could return, getting higher than 3% by the end of calendar 2022
Market Trends
Selling Multifamily Property: Guide with eXp Commercial
Learn the process of selling your multifamily property with eXp Commercial. Maximize value and createRead more
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Market Trends
Selling an Apartment Building FAQ’s
Are you thinking of selling your multi-family property? Here are some of the most frequentlyRead more
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Market Trends
If You’re Hesitant To Hire A Broker For Your Multifamily Property Read This
The most important benefit of exclusively listing your property with a broker is representation.
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Market Trends
Should I Sell or Should I Hold? When is the best time for asset repositioning?
It doesn’t really matter what the current real estate market is like if you areRead more
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Market Trends
Why Should I Sell My Multifamily Property?
There are a number of reasons why people decide to sell their multifamily property, butRead more
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A new $70 billion cap has been established for 2021 with a 50% mission-driven requirement with new and different criteria.
The recent run-up in prices is being attributed to the weather being unseasonably favorable to building activity for this time of year, along with mills shutting down for maintenance.
If the Biden administration’s goal is to revive the economy, create jobs, and bring back business and consumer confidence, getting rid of 1031 exchanges would be an effective way of shooting the economy in the foot.
Fannie and Freddie on the road to better financial health while slightly reducing their competitive position in the multifamily market.
The multifamily sector weathered the storm in 2020, living up to its reputation as one of the most stable commercial real estate asset classes.