DELAROSA MULTIFAMILY NEWSLETTER
Fall 2017 Issue
ANOTHER RATE INCREASE…BULL, BEAR OR BUST?
Outlook for Multifamily Housing in 4th Quarter 2017 and Beyond
“ Don’t wait to buy real estate, buy real estate and wait.” ― Will Rogers
As the economy toils through its 8th year of anemic expansion since the end of the Great Recession, the U.S. Federal Reserve (the “Fed”) continues to slowly and steadily raise interest rates. The .25% increase announced at the June 14th meeting is the fourth hike since the latter half of 2015. All indications are that we can expect another .25% increase by year end, pursuant to the Fed’s view that U.S. economic performance is relatively stable and its expectation for continued growth going forward. The question looming for real estate investors is what impact will rising interest rates have on income producing property valuations? The answer may surprise you. Click below to download the full report.