Recent Posts by Barry Frette

Apartment Demand Surges

Delray Beach Rentals Due to Covid, more and more tenants are moving to the suburbs, or moving out of town. Apartment and rental demand is roaring back in the third quarter. The Third quarter also saw new apartments coming to the market. They are coming to the market in areas other than expensive, downtown neighborhoods.…
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Fed Signals It Will Not Raise Rates for Three More Years

Vows to Keep Rates Low for Longer Under Its New Flexible Inflation Targeting Regime. At the conclusion of the regularly scheduled meeting of its Open Market Committee, the Federal Reserve confirmed its decision to keep the target range for the federal funds policy rate between 0 and 0.25% to help the U.S. economy recover from…
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Apartment Owners Are Getting Slower and Lower Rent Payments

Rent collection is softening in Miami, according to the National Multifamily Housing Council. Apartment rent collections during the coronavirus pandemic are unfolding as a deterioration rather than a collapse that some industry executives expect to keep worsening in coming months. Learn more here: Article Continued
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