Multifamily Loans Maturing in 2024: Navigating Higher Interest Rates and a $669 Billion Market Challenge.
Multifamily Loans Maturities Many multifamily loans set to mature in 2024 were taken out in a much lower interest-rate and apartments were enjoying double-digit-percentage rent gains annually. The U.S. multifamily loans have significantly slowed down in some markets, since its peak during Covid-19 pandemic, making people worry about the billions in debt tied to the […]
Home Prices Are Dropping to 6.4%, High Interest Rates Keep Homebuyers Struggling.
The housing market’s still a mess with home prices dropping, but it doesn’t really help homebuyers. According to data from the real estate firm. Home prices dropped to 6.4%. Active listings experienced a drop in the week ending May 26. Although this is not a large portion of listings, it’s a lot more than the 4.4% we […]
