The Savvy Investor’s Top 3
Here’s what apartment investors in Eastern Washington need to know this month.
MORTGAGE INTEREST RATE FORECAST
What can we expect for mortgage rates going forward? Here’s what several housing market experts anticipate for mortgage interest rates through the remainder of 2023 and into 2024.
DRY POWDER CIRCLES MULTIFAMILY DEALS
While the multifamily market is experiencing a pricing reset, “dry powder”, i.e. capital committed to private investment firms that still remains unallocated, has increased 11% since the start of this year. An increase in acquisitions may be in the near-ish future.
MULTIFAMILY IS MOST ATTRACTIVE ASSET CLASS, SURVEY FINDS
“As inflation and interest rates further stabilize, expect greater investment activity over the next 18 months. As the favored asset type for investors, multifamily will likely be the first to benefit”