Single-family permits that start in October 2023 were 13% higher in the U.S. than the prior year From September to October this year, multifamily starts and multifamily permitting rose in the U.S. as a whole.
More than 80% of panelists believe interest-rate cuts will begin in 2024, with most expecting cuts to start in the second or third quarter of 2024.
This comprehensive guide will provide an in-depth exploration of 1031 exchange rules, shedding light on the intricate details that investors must adhere to for a successful exchange.
In 2023, the U.S. multifamily market has seen a significant upswing in renter demand, especially for mid-priced apartments rated three stars. This shift marks a recovery from a sluggish performance in the latter half of 2022.
For renters who’ve felt the sting of rapidly increasing costs, there’s a sigh of relief on the horizon. The rapid inflation of rent prices, which has been a pressing concern for many in recent years, is showing signs of stabilization.
Investors are flocking to student housing as its rent growth outpaces traditional multifamily properties, lured by its resilience during economic downturns and higher-than-average returns.