It’s out. The 2013 National Apartment Index prepared by Marcus &Millichap Real Estate Investment Services, and the news, for the most part, is positive as the economy continues to sail for calmer waters.
The report sets the apartment forecast against the confident belief that certainty—as opposed to the uncertainty that marked 2012—will continue to grow, although this confidence is based on the hope that such issues as the fiscal cliff will continue to find resolution or that employment will continue to increase.
As their introductory remarks to the report indicate, president and CEO John J. Kerin and managing director of research and advisory services Hessam Nadji, says they are "looking forward to the year ahead marked by more certainty and renewed confidence." But that doesn't mean there is no risk here.
Read more...Buying, Building Both in Multifamily’s Future - Daily News Article - GlobeSt.com:
'via Blog this'
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.