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The real estate market is cyclical in nature, meaning that prices will increase and decrease based on market conditions. Evaluate the current market that we
The real estate market is cyclical in nature, meaning that prices will increase and decrease based on market conditions. Evaluate the current market that we are experiencing from a real estate perspective.
describe our current real estate market. This can be for the United States as a whole, or for your specific region.
Assume you own single family residential properties, and one unit multifamily property. Additionally, you have a commercial property with units. Based on the current market conditions, what would you choose to do with each property? Outline any assumptions you make about each property for example are they rented, do they need rehab, do you want to sell, etc. Be realistically imaginative!
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