Many prognosticators think the great run in the apartment market is coming to an end. After performing incredibly well for the past four years, the tide is starting to turn against the marketplace.
Sweeping changes over the next two years are going to cause fundamentals in the market to weaken for the first time since 2009. Significant increases in construction activity, for example, are going to send a torrent of properties into the market over the next seven quarters. Of course, these changes won’t be uniform across the United States. So it's critical to understand which markets are going to see the most challenges.
Read more...Bumpy Road Ahead for Occupancies - Multifamily Executive Magazine