This Austin developer says multifamily projects are key to surviving the current real estate cycle

Oct. 16, 2019 – This past August, U.S. housing starts – or new home construction – rose to the highest level since June of 2007. This increase is driven by rising wages, lower mortgage rates and a shortage of existing homes. In September, buyer confidence hit a yearly high, according to the National Association of Home Builders. Because low mortgage rates are typically associated with a struggling economy, today’s low mortgage rates coupled with a relatively healthy economy present a unique opportunity for builders. According to data from the Mortgage Bankers Association, mortgage applications are increasing weekly to reflect the current outlook. 

However, economists and market observers worry that ongoing trade disputes with China and impending new trade policies from the Trump administration could reverse this trend by negatively…

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