Market Intel

Rent prices increased marginally in November, up 1.23% month-over-month to $2,007 from $1,983 in October, following two straight months of falls. According to Rent.com data, the reversal was caused by rising costs for two- and three-bedroom apartments as well as a rise in pricing for the most costly units. According

Freddie Mac MCLEAN, Va., Dec. 21, 2022 (GLOBE NEWSWIRE) — The multifamily market will continue to cool off in 2023, according to the Freddie Mac (OTCQB: FMCC) Multifamily 2023 Outlook, with rent growth moderating, vacancies ticking up and loan originations slowing for the year. Property values are also expected to

By Paul Bergeron CBRE forecasts a 15% year-over-year drop in U.S. commercial real estate investment volume in 2023, although it will exceed the pre-pandemic record annual total in 2019. Investment activity likely will bottom out in the first quarter and then gradually improve, it said. Then, by Q2 2023, a clearer

By Leah Draffen Leading multifamily real estate fund manager Origin Investments predicts a moderate recession by October 2023 and negative annual rent growth of 1% to 5% with increasing levels of real estate investor or manager distress. However, because of strong real estate market fundamentals, Origin expects rent growth to

By Allison Herrera Effective Dec. 15, Freddie Mac will begin accepting ownership of two- to four-unit properties — aka duplexes, triplexes or quadplexes — as relevant experience for all loans in its Optigo® Small Balance Loans (SBL) program. Previously, Freddie Mac defined multifamily experience as controlling ownership of a property