“Stable.” That’s the one word that encapsulates the anticipated state of the multifamily sector this year, according to Greg Willett, chief economist at RealPage, a Richardson, Texas-based firm which provides property management software solutions. That was also the sentiment expressed by other industry experts as well, when asked for their forecasts for the upcoming year. “The reality is multifamily going into 2018 is going to be a lot of the same,” says John Sebree, first vice president and national director of the national multi housing group at Marcus & Millichap, a real estate services firm. Here are those predictions broken down.
Read more...Seven Predictions for the Multifamily Sector in 2018
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