What to Do in the Changing Markets for Single-Family and Multi-Family Housing
The single family housing market continues to see record demand, despite higher interest rates, because construction of new supply struggles to keep up with that demand, Meanwhile multifamily units continue to see rising valuations for lenders and agents.
Jamie Woodwell, Vice President, Research at Mortgage Bankers Association and Head of Commercial Real Estate Research, joins us again this week to discuss the consistent demand in the single-family home market and why supply is struggling to meet that demand. He also discusses the reasons behind growing multifamily property values and rents.
Join as we discuss:
- The rise in Millennial demand for single-family homes
- Figuring out 2023’s moving targets of housing supply and demand
- The growing value of the multifamily housing market