Tuesday, July 17, 2012

Source: Investors still bullish on DFW apartment market via Dallas Business Journal

A perfect storm of circumstances — a flailing economy, a recovering housing market and a growing job market — has set up Dallas-Fort Worth for a strong apartment market in the near future, a source says.

“It’s still a tight housing market and the younger generation hesitates to take the plunge on buying a house unless they have families,” said Norman Eastwood, senior vice president for investments at Marcus & Millichap’s Dallas office. “With a growing job market, the apartment market has nowhere to go but up.”

Read more...Source: Investors still bullish on DFW apartment market - Dallas Business Journal

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