A recent article from Charles Schwab claims that the Federal Reserve will avoid further rate hikes, but these lower interest rate forecasts are accompanied by the expectation of an economic downturn. In the multifamily market, a recent rent growth report has recorded a rare year-over-year rent decrease, but when viewed alongside numerous other reports showing improving performance for multifamily assets, it is clear that rent growth is strengthening as we enter into peak leasing season.

Sources discussed in this episode:

Redfin: “Rental Market Tracker: U.S. Rents Post First Annual Decline in Three Years” - https://www.redfin.com/news/redfin-rental-report-march-2023/

Marcus & Millichap: “Where Is Distress Risk in Today’s CRE Market?” - https://www.marcusmillichap.com/research/videos/where-is-distress-risk-in-todays-cre-market

Apartment List: “Apartment List's 2023 Millennial Homeownership Report” - https://www.apartmentlist.com/research/millennial-homeownership-2023

Charles Schwab: “Schwab Market Perspective: Top of the Rate Cycle” - https://www.schwab.com/learn/story/market-perspective

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DISCLAIMERS: This video does not constitute professional financial advice and is for educational/entertainment purposes only. This video is not an offer to invest.