"There is clearly changing sentiment in the multifamily sector with a significant desire to buy today..." Willy Walker
70% of market participants said they were sellers in mid 2021. Why?
"...because they saw fantastic rent growth and low cap rates to sell properties into."
But over the last year, this sentiment has flipped with 70% saying they want to buy, which has led to an underreported rebound in multifamily transaction activity. Back to pre-pandemic levels.
Walker & Dunlop often sprinkles in targeted market insights in the first few slides of their quarterly earnings calls.
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