Tuesday, August 15, 2017

Some Apartment Markets Are Facing Challenges via National Real Estate Investor

In a few overbuilt downtowns, apartment rents are starting to fall. But experts claim that demand for apartment units continues to be so strong, the trend won’t last for long.

“The story in these markets is the apartment story writ large: the high levels of apartment construction are not enough to house the 1.2 million or so new households formed each year without increased single-family construction,” says John Affleck, research strategist with the CoStar Group.

Read more...Some Apartment Markets Are Facing Challenges

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