The Perfect Storm in Multifamily: Fed Hikes, Falling Rents, and 50,000 New Units in Austin
Market cycles are inevitable in real estate, but the convergence of factors since 2022 has been unprecedented: aggressive Fed rate hikes, 40% valuation drops in some markets, and historic supply surges all hitting simultaneously. Austin alone had 50,000 units in the pipeline, driving rents and occupancy down just as borrowing costs spiked. The timing created […]