<![CDATA[It appears that multifamily investments are the star in the investment area so far this year. This kind of investment in the first quarter of this year, according to the CoStar Group, is up 30% up from 2011 and up 52% from 2010. In dollars this is an increase from 42.5 Billion in 2010 up to 64.6 Billion in 2011. It looks like these kind of increases will continue for the near time and, while multifamily permits are now moving upward; it will probably take the construction group about a year to gear up to meet the market demand. While Foreclosures and layoffs continue, more and more people are moving from homes “underwater” in to less costly places to live driving this segment. This with relatively inexpensive capital available it affords investors a viable area for a relatively stable and reasonable return. This would seem to be a good time to consider this segment while prices have not yet peaked.]]>
September 26, 2012September 26, 2012
Leave a Reply
You must be logged in to post a comment.