ilmscore | Prediction Details
"we do think interest rates will come down a little bit but we're in a new interest rate regime right this is not 0% fed funds rate and 3% 30-year mortgages I think that to me is is somewhere where we're going to have to adjust to get used to this new world and that does cause a bit of a I'm going to use the word correction in in valuations across multif family"
By BiggerPockets | July 26, 2024 | Pending
From video
Multifamily Real Estate Update & Big "Opportunities" in These Markets 00:34:55 - 00:35:32
Interpreted Prediction
Interest rates will not return to pre-pandemic lows, leading to a valuation correction in multifamily properties as the market adjusts to this new interest rate regime.

Prediction Details

Topic
Multifamily Valuations & Interest Rates

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