November 2021 Market Update
As of November 2021, interest rates remain near-zero, which has boosted growth by encouraging investors to borrow more money at a lower cost since the Fed slashed interest rates in May of 2020. While more people have been able to afford a home due to the lower interest rates and the growth in tech jobs, the rental market remains strong, with Multifamily national average rent rising 11.4 percent year-over-year…