At the recent NMHC Apartment Strategies Outlook conference in Orlando, Doug Bibby, president of NMHC, opened the event by inviting the real estate professional in attendance to participate in a poll gauging their predictions for the year ahead. According to Bibby, the results gathered from last years’ poll ended up being 100 percent accurate, with predictions coming to fruition by the end of 2017. Last year’s poll questions had an emphasis on real estate fundamentals, drawing on topics commonly talked about in the multifamily market as of late, including new supply and absorption as well as moderating rent growth. While these topics continue to maintain their prevalence in the market, this year’s discussions had a heavier emphasis on tax reform and its implications.
So what do the biggest players in real estate believe is in store this year? Here are the poll results:
Read more...Top Predictions for 2018
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