Multifamily sector fundamentals are bouncing back after about two years of steady declines, according to Reis Inc.
The New York research firm reported that the sector’s asking and effective rents both rose in the first quarter after dropping in the six preceding quarters, while its national vacancy rate held flat at 8% after [...]
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Loopnet reported Multifamily Fundamentals Bouncing Back
Better Times Ahead for Apartments
National Real Estate Investor Magazine published an interesting article in the Jan/Feb 2010 issue.
http://nreionline.com/property/multifamily/real_estate_better_times_ahead/index.html
Although they talked about the problems around the country with the apartment markets they also talk about the future upside:
“Demographic trends are favorable for the apartment market over the next decade and beyond. In fact, the percentage of U.S. households that rent [...]
Five MultiFamily Stories to watch in 2010
http://MultiFamilyExecutive.com posted an interesting article in January about five stories to watch in 2010!
The link to the article is here: http://multifamilyexecutive.com/multifamily-trends/five-multifamily-stories-to-watch-in-2010.aspx
Property Values continue to drop and financing is at best tough but there are some amazing deals out there compared to a short 12-24 months ago.
Construction starts continue to remain low which could signal a [...]