Builders Lean Toward Multifamily as Rates Rise and Buyers Feel More Pressure
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Builders Lean Toward Multifamily as Rates Rise and Buyers Feel More Pressure
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down a rougher day for mortgage pricing as peace talks lose momentum and market nerves rise again. They cover stronger housing permits, weaker housing starts, rising single-family rents, and why builders are still leaning toward multifamily as affordability pressure keeps more households in the rental lane. The episode also touches on lower initial jobless claims, continuing claims, and why rates may stay elevated longer than many buyers hoped.
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