There’s More Multifamily on the Way..

Construction is up according to the National Association of Realtors.

Multifamily construction is on the rise and Single family homes construction are on the decline. With increased interest rates and the uncertainty of todays market people are moving into apartments and builders are filling those needs. This dynamic is very interesting for Multifamily owners.

With more people opting for renting instead of owning right now and Multifamily rents on the rise. Now is not a bad time to dive into or expand your Multifamily portfolio.