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Description: realestate #youtube #yahoofinance This segment originally aired on May 18, 2023. Marcus & Millichap CEO Hessam Nadji ...
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Text duration start ents sentiment
the first quarter that's according to 2.88 Jump to 5.1 DATE the first quarter
Moody's Analytics it's the first time 4.92 Jump to 6.24 ORG Moody's Analytics ORDINAL first
since 2011 that's era prices have 4.92 Jump to 7.98 DATE 2011
they saw prices decline in the first 3.84 Jump to 25.08 ORDINAL first
shock has been profound 500 basis points 4.801 Jump to 64.019 CARDINAL 500
they're down about 20 percent year over 4.981 Jump to 79.439 PERCENT about 20 percent
Corrections are somewhere between 10 to 3.9 Jump to 92.64 CARDINAL between 10
15 percent based on what we've seen so 4.741 Jump to 94.439 PERCENT 15 percent
average are barely above 50 percent 4.439 Jump to 189.72 PERCENT 50 percent
the last 10 years was basically facing a 5.64 Jump to 201.3 DATE the last 10 years
10 plus years because retail was so 5.761 Jump to 233.159 DATE 10 plus years
over year but still around 95 percent 4.739 Jump to 345.3 DATE over year PERCENT around 95 percent
building uh 400 000 or so apartment 4.921 Jump to 350.039 CARDINAL 400 000
the hood those 400 000 units are really 5.64 Jump to 354.96 CARDINAL 400 000
concentrated in about 10 major markets 4.92 Jump to 358.38 CARDINAL about 10
the rest of the country is sharing 200 4.86 Jump to 360.6 CARDINAL 200
000 units of new apartment rentals which 4.2 Jump to 363.3 CARDINAL 000
10 metros and by the way those 10 metros 4.861 Jump to 380.039 CARDINAL 10 CARDINAL 10