Anticipated Increase in Deals during Q4 2023!

Anticipated Increase in Deals during Q4 2023!

There is less disconnect between buyers and sellers in the marketplace due to a decrease in the frequency and size of interest rate hikes. Buyers and sellers are starting to better understand the value of real estate.

Buyers and sellers are getting much closer to a common ground where they can agree on the value. I’m confident that the fourth quarter will see a substantial increase in transaction velocity and the number of closings, driven by the rise in fundamental activity over the past 90 days.

Because the number of buyers is somewhat limited, they can secure deals with little competition. However, there are many funds waiting on the sidelines, ready to jump back in and increase competition for available assets.

Regarding underwriting uncertainty, there has been some calming down in areas such as taxes, insurance, and utilities. Looking ahead, the number of properties coming to market will increase, based on their BOV (Broker Opinion of Value) activity and conversations with owners. Additionally, the number of buyers in the marketplace is expected to continue increasing.

In conclusion, we still  need to monitor interest rates due to the uncertainty delivered in the FOMC comments yesterday. Despite hinting at least one more rate hike coming, I am overall optimistic about the future.

If you are in need of an experienced commercial real estate broker I can be reached at 281-222-0433, or you can visit here to schedule a consultation: https://calendly.com/vikingenterprise

 

https://www.houstonrealestatebrokerage.com/

https://houstoncommercialmortgage.com/

https://www.houstonrealestatebrokerage.com/

https://houstoncommercialmortgage.com/

https://www.tenantbase.com/advisors/bill-rapp/

https://www.billrapponline.com/

https://findamortgagebroker.com/Profile/WilliamRappJr28883

https://doctorvideo.billrapponline.com/

https://veteransvideo.billrapponline.com/

https://mortgageviking.billrapponline.com/

https://fha203h.billrapponline.com/

https://renovationvideo.billrapponline.com/

 

#Commercial Real Estate Broker #Commercial Leasing #Commercial Lending #Structured Finance #Commercial Sales #Commercial Real Estate Investment #Commercial Real Estate Development #eXp Commercial – Viking Enterprise Team #Agent Attraction

If you are in need of an experienced commercial real estate broker I can be reached at 281-222-0433, or you can visit here to schedule a consultation: https://calendly.com/vikingenterprise

https://www.houstonrealestatebrokerage.com/

https://houstoncommercialmortgage.com/

https://www.houstonrealestatebrokerage.com/

https://houstoncommercialmortgage.com/

https://www.tenantbase.com/advisors/bill-rapp/

https://www.billrapponline.com/

https://findamortgagebroker.com/Profile/WilliamRappJr28883

https://doctorvideo.billrapponline.com/

https://veteransvideo.billrapponline.com/

https://mortgageviking.billrapponline.com/

https://fha203h.billrapponline.com/

https://renovationvideo.billrapponline.com/

#Commercial Real Estate Broker #Commercial Leasing #Commercial Lending #Structured Finance #Commercial Sales #Commercial Real Estate Investment #Commercial Real Estate Development #eXp Commercial – Viking Enterprise Team #Agent Attraction