Think of some of the best-performing markets for multifamily today that aren’t New York City or in Southern California. Now think of a few of the surprise markets you didn’t think would be on that list as recently as five years ago.
Chances are, Houston, Dallas and Seattle are probably on your lists. These markets, according to Greg Willet, VP of MPF Research, “have not turned out to be the type of markets many people thought they would be.” Willet moderated the session, titled “Changing Markets and Market Influences,” at the 2014 NMHC Apartment Strategies Outlook Conference, held here yesterday.
Read more...NMHC Dispatch: Underdog Markets Shine in Multifamily - Daily News Article - GlobeSt.com