Real estate fund manager Grant Cardone

 

Real estate fund manager Grant Cardone believes investors will create enough demand to prevent the market from crashing.  His investment firm Cardone Capital has raised $1B across 22 funds since 2016.  Cardone said investors would step in to buy single-family homes at lower prices and with less competition.  Cardone Capital's portfolio is valued at around $4B and comprises about 12,000 apartment units and over 500,000 square feet of commercial real estate.  Senior economist at Redfin, Sheharyar Bokhari, believes investors would enter the market this year after interest rates have decreased from record highs last year.