REIT - Divine And Duffy Of U.S. News On Real Estate And REITs Outlook
2024-06-15 06:00:00 ET
Summary
- The housing market remains challenged by high mortgage rates, rising insurance costs, and a lack of inventory due to owners trapped by the 'Golden Handcuff' problem.
- In the commercial real estate market, the fundamentals are best in retail and worst (but likely to improve) in office. Multifamily faces supply challenges in some regions and rent control issues in others.
- REITs have underperformed for 12-18 months, but they could benefit from Fed rate cuts later this year.
By Mike Larson, Editor-in-Chief, MoneyShow
John Divine, Assistant Managing Editor of investing at U.S. News & World Report, and his colleague Patrick Duffy, Senior Real Estate Economist, discuss the current and future states of the residential and commercial real estate markets - and how investors can navigate shifting industry conditions.
Transcript
Larson - Hello and welcome to our latest MoneyShow MoneyMasters Podcast segment. I'm Mike Larson, Editor-in-Chief at MoneyShow. And today, I'm pleased to welcome a pair of brand-new guests to the show. We have John Divine, Assistant Managing Editor of investing at U.S. News & World Report, and Patrick Duffy, Senior Real Estate Economist at U.S. News & World Report as well....
Divine And Duffy Of U.S. News On Real Estate And REITs Outlook