Real Estate · Press release
Joseph Grinkorn: High Interest Rates Continue to Create Buying Opportunities in the US Real Estate Market
Grinkorn expects interest rates to stay high through 2024, and sees that as an opportunity for real estate investors.
Key points
- He points to office buildings, land and development projects as the sectors showing the most distress.
- More conservative lending, he says, is bringing more distressed assets to market.
- He sees continued demand for residential property in growing metro areas, and recommends careful due diligence and working with experienced professionals.
Original release
This is a summary of a press release issued by Morris Group and published by ABNewswire · openPR on June 24, 2024. Figures are as stated in the original release.
Read the full releaseViews expressed are those of Joseph Grinkorn, are forward-looking, and do not constitute investment advice or an offer to buy or sell any security.
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