Multifamily Insider: Q2, 2024
Jim Sanderson, CCIM
Real Estate Broker Associate, Partner specializing in multifamily investment assets
Q2 HIGHLIGHTS
For the second quarter of 2024,? overall deal volume decreased 63.63% from Q1 of 2024. The trend of pricing degradation seems to have leveled with decreases of 0.94% in $/unit and 12.05% in $/SF from the previous quarter.? The game of will they, won't they., when will they?? Oh, please, please Mr. Powell, sir. can the Fed cut rates continues.? The latest report on jobs (along with the Dow's reaction) seems to indicate that the time is coming in Q2-Q3 for rate cuts to begin.??
Regardless of the rates, Cascade Commercial stands at the ready to provide solid market intelligence to improve decision making for both acquisition and disposition as well as advisory services for long term hold clients.?
?Call or email us today to get started on your plan for 2024 and beyond.
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