Recent Trends in Real Estate Development: Winter 2024
Community and Economic Development Program of UNC
FEBRUARY 19, 2024
Real estate market watchers shared cautious optimism that the Federal Reserve may begin to cut rates in 2024 after announcing that rates would remain the same for the third consecutive time in December 2023. 1] Of those delays, 71% were because the project was not economically feasible in December 2023. See Figure 1.
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