Black Friday - Market Discussion

[Ryan Muska]

Happy Thanksgiving, everyone! Make sure to take advantage of all those Black Friday deals now!

A brief summary of what we have seen in the past weeks and some pointers to discuss on:

- Rates have dropped ~.75% MOM  -> Good news and maybe we will see them drop even more! Or perhaps this is temporary and we will be "higher for longer." What do you think?

- Unchanged Fed Rates at this latest FOMC Meeting (Stayed at 5.25%-5.50%). Is this the beginning of the end of higher rates?

- As of 11/18, FNMA & FHLMC are allowing for 5% down payments on 2-4 units. This is changed from the required 15-25% that it used to be. How will this help/hinder your investment journey?

- College and University enrollment is still struggling to pick up after the pandemic. But the demand for off-campus housing is still strong. Do we see this changing in the future or will more adolescents opt for non-University educated occupations? And how will that affect the student housing market?

- The hottest overall markets for housing are in Colorado, North Carolina, and Florida. How are you taking advantage of a hot market with your investments?

- The Federal Government is stating that there was an employment increase in October. How is this going to affect the nature of the market? Do you think we are currently in a recession?

If you made it this far, thank you for reading the entire post! Hopefully, this sparks some discussion!