Savvy investors stockpiling their funds to buy multifamily housing at bargain prices may find themselves stuck on their stockpiles and second-guessing their judgment.
Instead, after two years of record trading, multifamily investment appears to have reverted to historical norms. Transactions in 2023 were comparable to those of 2014, well below the levels of 2021 and 2022. Instead of selling, many owners have had a change of heart. “The current climate has convinced many to extend their hold period,” the report commented
Source: Investors Still Waiting for Bargain Multifamily Deals | GlobeSt