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This trend is changing the game.
"For apartment owners and investors, the future appears quite bright."
The category offers investors new pathways to explore value in an otherwise segmented market.
Cracks may be beginning to emerge with March 2024 RevPAR declining on a year-over year basis,.
The important shelter component has some questionable definitions and runs out of sync, making things look worse than they are.
Prediction: The Fed will lower rates in the second quarter of this year.
Slight rate drops are coming. But that may not necessarily lower mortgage rates.
Landlords are facing many challenges that include variable rates, financing and maturing debt.
With single-family rents increasing and home deliveries at pre-pandemic levels, developers are in prime position.
Consumers are still holding the economy up, yet higher borrowing costs are weighing on business activity.