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How Lower Interest Rates Will Affect Real Estate

Madison International Realty’s founder and president Ronald M. Dickerman tells GlobeSt.com lower interest rates will provide positive leverage for CRE’s lifeblood.

Ronald Dickerman, president of Madison International Realty Ronald M. Dickerman, founder and president of Madison International Realty

NEW YORK CITY—Going back a year or two, who would have ever thought that interest rates would be falling? The drumbeat had signaled the climbing of interest rates to prevent an overheated economy and to avoid inflation. But earlier this month, testifying on Capitol Hill, the Federal Reserve chairman Jerome Powell indicated although the job market was strong, the central bank would be cutting interest rates.

It’s widely expected that the Federal Reserve will reduce interest rates by a quarter of a percentage point at their upcoming meeting scheduled for Wed. July 31.

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Betsy Kim

Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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