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Could the Fed’s Pivot on Inflation Backfire? - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

Could the Fed’s Pivot on Inflation Backfire?

Investors might get overly enthusiastic and push property prices up again, only without the likely ability to raise rents enough. The Federal Reserve’s December meeting showed the central ...

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Apartment Rents Post Biggest Drop Since Pandemic - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

Apartment Rents Post Biggest Drop Since Pandemic

Landlords are also granting significant concessions. The boom in apartment completions, with more on the way, has given renters greater options in the most desirable markets and at a cheaper rent. ...

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Prediction: Multifamily Distress Will Start in H2 2024 - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

Prediction: Multifamily Distress Will Start in H2 2024

Given market dynamics, it seems impossible to put off forever. Waiting for the distress wave in multifamily has been a thing since the fall of 2022. Many pros have been telling GlobeSt.com that it ha...

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Slowest Housing Market in Years  Is Weighing on Consumer Spending - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

Slowest Housing Market in Years Is Weighing on Consumer Spending

Plunging US home sales are having a ripple effect on consumer spending, as fewer Americans are moving into houses that need to be outfitted with furniture and appliances. The effects are visibl...

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What the Recovery Could Look Like Next Year - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

What the Recovery Could Look Like Next Year

Market recovery will be a ‘drawn-out process’ while everyone waiting for lower rates may have to give in. The good news for 2024 in U.S. commercial real estate according to Colliers is th...

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The Twisty Turny Future for Multifamily - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

The Twisty Turny Future for Multifamily

Depending on where you operate, there will be rising vacancy, cooling rents, but more long-term renters. Multifamily has some challenging times in 2024 — depending on where you are and how you ...

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US Home Sales On Pace For The Worst Year Since 1993 - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

US Home Sales On Pace For The Worst Year Since 1993

Home sales may have their worst year in 30 years. Sales slumped in October and prices continued to climb, as mortgage rates surged last month and inventory remained extraordinarily low. Tha...

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Our Best Guess for 2024 - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

Our Best Guess for 2024

After an unpleasantly surprising 2023, there's a lot less certainty over how quickly things will improve in CRE. COMMERCIAL REAL ESTATE PROFESSIONALS AGREED IN THE FALL OF 2022 THAT 2023 would have a...

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Fed: CRE Activity Keeps Slowing and Loan Demand Down - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

Fed: CRE Activity Keeps Slowing and Loan Demand Down

Office remains weak as someone in the industry likely guesses and multifamily activity softens. The Federal Reserve’s Summary of Commentary on Current Economic Conditions, commonly called the B...

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Multifamily Loans Pose Risk to Regional Banks - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

Multifamily Loans Pose Risk to Regional Banks

Some metros hit hardest during the pandemic now show strength while others that saw strong demand now evidence weakness. Data is starting to show that the multifamily segment is facing more pressure ...

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