The market is continuing to be very active even though it traditionally slows down in late summer. Additionally, it seems as though a lot more inventory is hitting the block as compared to earlier in the summer. Perhaps owners are seeing the prices things are selling for and realizing we are at all time highs for investment real estate? Regardless, we are happy to see the increase in supply and look forward to placing many buildings under contract though the end of the year.
Joe DiGangi and Bobby Quinn will be featured on WRKO discusing the latest trends in the multifamily market in the upcoming weeks on August 27. You can read more about their last appearance here. Tune in and check it out!