Breaking News: Landlords are lowering rents to attract tenants, in turn affecting the real estate market. 2024 is anticipated to be a pivotal year for multi-family unit construction. With an influx of new apartments, increased supply will lead to lower rents, benefiting renters. However, this surge in supply will pose challenges for real estate investors, prompting property sales and further price reductions. #RealEstateCrisis #ForeclosureWarning #HomeBuying2023 #housingmarket
