The Future of Real Estate

What the Data Says About Multifamily in 2022 with Joe Biasi | Sr. Consultant with Costar

Episode Summary

Joseph Biasi is a Senior Consultant at CoStar, the world leader in commercial real estate information. The company has the most comprehensive database of real estate data throughout the US, UK, and Canada. In this episode, Ellis, together with co-host Keith Meyer, talked to Joe about his projections for 2022 among other things. We also touched on where he sees cap rates going given his prediction that interest rates are going up at least 5x, how much room for growth he sees in terms of rent in some of the major cities, and where we are in terms of absorption rate. We also asked him where he sees the "work from home" culture going in the next 12 to 24 months, the data points to track in 2022 if you are an investor, how his team collects data and how they make sure it's accurate, as well as the metrics he will focus on more for 2022. It's a jampacked episode you can't afford to miss!

Episode Notes

CoStar Website