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Updated 2 days ago on .

User Stats

64
Posts
62
Votes
Marco Fiore
  • Real Estate Agent
  • Cincinnati, OH
62
Votes |
64
Posts

Will inventory open up due to buyers purchasing in 2019-2021 on ARM

Marco Fiore
  • Real Estate Agent
  • Cincinnati, OH
Posted

I had a quick thought I would like to share and want to get BP's opinion. Many residential / commercial multi-family properties were purchased right before and during covid, when rates were in the 2-4% range. I can image some of the purchases included a 5-7 year ARM. Do you think inventory will open up due to sellers offloading their properties because of their rate adjusting to the present day 7%?

Wasn't sure if anyone else had this thought process or have experienced this with their clients / personal investment property. Let me know your guys' thoughts!

  • Marco Fiore
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eXp Realty - Marco Fiore Real Estate
5.0 stars
11 Reviews