I've noticed a lot of individuals who were excited to buy multi-family homes and rent them out a few years back have lost that excitement these days. Amazing what a few percentage points higher in interest rates can do.
I noticed a bit of a bump in activity after Powell's remarks last week. But it's all quiet again. Homebuilders remain in a sweet spot along with residential REITs, until proven otherwise.
I've noticed a lot of individuals who were excited to buy multi-family homes and rent them out a few years back have lost that excitement these days. Amazing what a few percentage points higher in interest rates can do.
I noticed a bit of a bump in activity after Powell's remarks last week. But it's all quiet again. Homebuilders remain in a sweet spot along with residential REITs, until proven otherwise.
Big fan of REITs — O has been very good to me over the years. Excellent post, as always.