With the jump in rates almost by 2% since the lows of last summer and the federal reserve getting ready to sell down its mortgage portfolio, what kind of repricing in the market for real estate are you guys seeing? And how much do you think it reprices this year?
Trending Content - Real Estate Forum
Career Resources
Deals we trying to sell getting retraded/blown up left and right. Remains to be seen how things play out.
As a buyer we just asked for lower pricing and everyone just said yes lol... probably 5-10% of agreed upon PP in Feb/March
I'm hearing of retrades in the 10 - 15% range on Class A PHX multi.
Think pricing continues to decline this year? I don't see how value doesn't decrease 20%+ with this move in rates.
Magnam aut maiores sit illum recusandae quo ut. Maxime ullam cumque necessitatibus aut dignissimos nobis. Est ipsum molestias minima temporibus. Placeat in aut quia commodi enim illo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...