Investors are scrambling for places to put their money. With bond prices low and a volatile stock market, real estate investment has become a hot commodity.
We are constantly receiving requirements to purchase investment property or 1031 exchange opportunities. This demand has compressed capitalization rates to an average of 7%, down over 2% from last year.
If you own a property with a credit tenant and a lease term of over five years, the time to sell is now. Interest rates inevitably are going to rise and these cap rates will decompress. Right now, it’s a seller’s market!