• Is the Northeast Housing Market Really Immune to a Correction?,Chris Fitzpatrick

    Is the Northeast Housing Market Really Immune to a Correction?

    I ran a poll last week on my Linkedin profile that sparked some interesting conversation and gave us a revealing look into how people are feeling about the real estate market in the Northeast. The question was: Is the Northeast Housing Market Really Immune to a Correction? Here were the results: 20%

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  • From FOMO to Facts: A Summer Shift in the Housing Market Peak?,Chris Fitzpatrick

    From FOMO to Facts: A Summer Shift in the Housing Market Peak?

      From FOMO to Facts: A Summer Shift in the Housing Market Peak? It’s already behind us.The signs are subtle but it’s time to pay attention:- More price drops - 30%+ in my neighborhood- Less buyer urgencySome buzz we saw in April? Gone by June.Sellers holding out for pandemic-era pricing are facing

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  • The Multifamily Math Isn’t Adding Up Anymore,Chris Fitzpatrick

    The Multifamily Math Isn’t Adding Up Anymore

        We’re entering a quiet shakeout in the multifamily market.A lof of buildings purchased post 2020 were financed with 5 year terms and longer amortization periods. These notes are coming due.Suddenly, the numbers no longer work.Cash flow? NegativeRefi terms? Much tighterExit options? ShrinkingThis

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