With some economists predicting a recession on the horizon, the surge in job creation at the end of November led to an upswing in the market. Further, NREI (National Real Estate Investor) online shared a report predicting a solid year ahead for the multifamily sector. We take a quick peek at the positive news in today's BAM Blog...
A recent mid-year report released by lending giant Freddie Mac revealed that their review of the multifamily industry also meshes with other recent reports, such as Yardi Matrix (as we wrote about here). The Freddie Mac report cites the current healthy economy as helping to support the strong showing seen by multifamily at this point in the year. We share more of Freddie's highlights in today's Friday edition of the BAM Blog...
From one expert opinion who believes we'll see a slow down but no recession, to how the current economy is impacting rent, and what competition among multifamily investors to find a good bet is leading to – and what we're doing differently, we share some insight in today's BAM Blog...
Earlier this week, Chief Economist at Vanguard Global, Joe Davis, appeared on CNBC to discuss the fears that the odds for an economic downturn as soon as next year could be growing. We look at what he considers one of the biggest factors to influence a potential recession, as well as how multifamily is poised to weather any economic storms, and when economists expect a recession.