Tag

apartment supply
Even in the wake of a third major bank failure in 2023, the US Economy seems relatively unfazed by a continued string of bad news.  Earnings season kicked off a couple weeks ago with the large banks and the earnings are in decent shape relative to expectations. 
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Workers move for a lot of different reasons.  Some are looking for a better paying job, others are looking for more affordable housing and still others are just looking for less depressing weather.  But the truth is, when people move in search of something better, they usually bring better with them, usually in the form...
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2022 ended with a giant thud for rent growth.  As can be seen in the charts below, vacancy rates were up and rent growth was negative by more than it has been in a long time.  As 2023 began, the picture appeared slightly rosier for the asset class.  Vacancy rates continue to head higher, but...
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If you’ve been watching Willow Creek Partners operate over the last several years, you know that we love irrational markets when they favor taking risks and move away from them when those dynamics flip. With that in mind, there was a lot of speculation in single and multifamily housing during the 2020-21 time period. 
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