Month: October 2023

The current expansion we are in hasn’t yet turned into a recession, largely because of substantial fiscal stimulus which has yet to fully dissipate. However, by year end excess savings will probably have been depleted, and starting in 23Q4 student…

While the single-family housing market is enjoying solid price appreciation, strong construction activity and suffers from a severe lack of existing inventory, the multifamily market struggles mightily. Financing is increasingly difficult as vacancy rates and insurance premiums rise, rents decline,…